8 Globalization

What should reforms focus on for international financial institutions?

• Enhancing responsiveness and flexibility

• Increasing profits

• Reducing staff

• Limiting access to funds

Who benefits from the suggested reforms?

• Developing countries

• Developed countries

• International banks

• Private investors

What is required to enhance global governance?

• Focusing on individual countries

• Increasing competition

• Decreasing regulations

• Improving coordination and collaboration

What do international institutions need to address?

• Corporate interests

• National politics

• Local community issues

• Emerging global challenges

What is a key aspect of improving global governance?

• Reducing communication

• Focusing on military power

• Limiting collaboration

• Enhancing coordination

What should be enhanced in international financial institutions?

• Investment risks

• Market share

• Profit margins

• Responsiveness and flexibility

What is the goal of enhancing responsiveness?

• To limit access

• To reduce services

• To increase fees

• To meet the needs of developing countries

What does improving global governance require?

• Fewer institutions

• Less communication

• Better coordination

• More isolation

What is a benefit of collaboration among international institutions?

• Increasing competition

• Limiting resources

• Addressing global challenges

• Reducing costs

What type of countries should international financial institutions be more responsive to?

• Developing countries

• Developed countries

• Rich countries

• Small countries