Reference no: EM131537852

Assignment: Multinational Financial Institutions

Purpose of Assignment

As globalization continues to expand worldwide, multinational financial institutions become more important in helping nascent economies. These development banks not only provide financing for intellectual assistance to infrastructure projects, but also make available access to basic education as well. For a well-rounded knowledge of international economics, it is incumbent upon the business student to acquaint themselves of these global institutions.

Assignment Steps

Resources: Suggested but not required: Vreeland, James. {2003}. The IMF and Economic Development. New York, NY: Cambridge University Press.

Select one financial institution from the following list:

· European Investment Bank

· Asian Development Bank

· World Bank<~~ Doing this one!

· Development Bank of Latin America

· International Monetary Fund

Develop the following in a minimum 700-word essay:

· Describe its origin, organization, purpose, and tax benefits for new business.

· Analyze the interaction between the selected global financial institution and the exchange rate mechanism of the foreign exchange market.<~~~ ONLY BULLET THAT NEEDS TO BE DONE! 350-400 words only! Must cite one source atleast! NO PLAGIARISM!!

Format your assignment consistent with APA guidelines.