Compare and contrast the missions and functions of the IMF and the World Bank. In what way have these organizations contributed to cooperation and conflict in the international economic arena? Offer specific examples to support your arguments.
**Please use the following reference as the primary source.
**Muldoon, Jr., James P. Aviel, JoAnn Fagot Reitano, Richard. The New Dynamics of Multilateralism. Boulder: Westview Press, 2010.
SAMPLE SOLUTION
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Write My Essay For MeThe World Bank and the International Monetary Fund (IMF) have a common goal of improving the living standards of people in the member nations (Muldoon et al. 2010). While their goals are similar, their approaches are different albeit being complementary. Both of these institutions were created in 1944 with the aim of finding a framework that would allow for cooperation both economically and in development to achieve a stable and a thriving economy (Dreher 2004, 52). The two institutions cooperate at various levels including the high-level coordination, management consultation meetings between the top level management leaders to consult on pressing issues (Wouters and Odermatt 2014, 53). The staff from the two institutions also partner on various issues that are…