The global economic crisis of 2008 provided an opportunity for both the IMF and the World Bank to reinvent and reassert their roles.

Question

Quizplus · Accepted Answer

The global economic crisis of 2008 led to increased reliance on the International Monetary Fund (IMF) and the World Bank for financial assistance, policy advice, and technical assistance, allowing these institutions to reinforce their importance in the global economic system and adapt their roles to the changing economic landscape.

The Global Economic Crisis of 2008 Provided an Opportunity for Both