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“International Finance.” Please respond to the following: READ WEBTEXT CHAPTER

The IMF and World Bank are the world’s two leading lending institutions, but much of their monetary assistance disappears once it enters the banking systems of developing countries. Cite concrete evidence that supports the assertion that much assistance to developing countries is simply stolen by officials. Determine other main factors that account for the misuse of these funds. In other words class, from the readings explain in detail some of the substantive reasons for the persistent misuse and abuse of these funds. NOTE! Class, please REVIEW the Weekly Discussion Guide and Examples (see Week 1) for guidance in providing detailed and substantial information in the main discussions, student responses and Instructor Insights.

Please respond to at least one (1) post from your peers.

Instructor Insights Week 2: (OPTIONAL) Crisis in Venezuela

Class, as you probably know that the escalating crisis in Venezuela continues and despite for calls for changes in leadership–a new leader waiting to take on this responsibility, there is turmoil. Some called for the United States and other nations to intervene, while others insisted that the United States stay out of the country’s political affairs. Please view the video and share your thoughts (if you like).

Prof. Royal-Smith

Watch Video

Why Venezuela’s Chavistas are fiercely loyal to Maduro, despite economic crisis

User: n/a – Added: 2/22/19

YouTube URL: http://www.youtube.com/watch?v=pnU2Ov_4fSk

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