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QUESTION

"International Finance" Please respond to the following:Based on the scenario and the knowledge gained from this section, address the following:The IMF and World Bank are the world’s two leading len

"International Finance" Please respond to the following:Based on the scenario and the knowledge gained from this section, address the following: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.

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*** *** and World **** *** *** ********* *** ******* ******* ************ *** much ** their ******** assistance ********** **** it enters *** ******* ******* ** ********** countries Cite ******** evidence **** ******** *** assertion that much ********** ** ********** countries ** simply ****** ** ********* ********* other main ******* that ******* *** *** ****** of ***** **************** ****** is ** **** ****** ** ********** **** ** *** theft of ************* *** money ** ******* ********** ********* Even ** *** extent ***** *** ****** are **** ** ******** ******** *** ******* construction of ************** ** can be ********* to ***** *** ****** ******* ** ********** ********** however ** well-known The ********* *************** ****** on ********** ****** the ***** ** ************ International a **** to ***** website ** provided ***** Unsurprisingly *** *********** between * country’s ***** ** *********** and *** position ** *** ********** ****** ******* ********* **** * ************ ******* ***** of development and corruption ****** ** *** least ********* ********* *** also the more ******* ********* in **** instances *** as the ***** ********* ********* *** *** main ********** ** ***** **** assistance ** *** be deduced **** international *** ********** into *** ******* of corrupt ******* *** ********* ** ***** ********* ********* *** ***** ***** *** usually ******** to help ********* * *********** currency *** ********** ** pilfering ******** ******* or ******** **** ** ***** ********* to **** ** As ************ International quoted ** * ***** ****** ** *** ****** ******* ****** ** ***** *** ***** *** the World **** titled Stolen Asset ******** *********** ********** *********** *** ****** **** ****** ***** ******* *** *** $40 ******* ********* **** *** decades **** illegally *** ********* acquired **** some of *** world’s ******* ********* most ** them in Africa ** politicians ******** *************** *** ***** ******* *** **** ****** in *** **** of **** ****** *** bonds real estate *** ***** ********* *** ******** **** ****** then ****** **** ********* stock ****** ** much lower **** **** *** ***** expect given *** **** ** 25 ******* ** ******* *** ***** ***** ** ***** **** ** ***** corruption which ******* ** **** ******* *** **** in ******* ****************************************************************************************

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