ECON310-1404B-06: Global Managerial Economics
Phase: 1 Individual Project

The World Bank and International Monetary Fund The World Bank is one of the world’s largest sources of funding and knowledge to support governments of member countries in their efforts to invest in schools and health centers, provide water and electricity, fight disease and protect the environment. This support is provided through project or policy-based loans and grants as well as technical assistance such as advice and studies (www.worldbank.org, n.d.). The International Monetary Fund works to foster global growth and economic stability. It provides policy advice and financing to members in economic difficulties and also works with developing nations to help them achieve macroeconomic stability and reduce poverty (www.Imf.org,n.d.). The goal of both organizations is to increase the standard of living and the reductions of poverty globally. Imports and exports International finance defines the term in the expression (Exports – Imports) equals net exports, which may be either positive or negative. If net exports are positive, the nation's G.D.P. increases, if they are negative, the G.D.P. will decrease. Exportation of goods to your own country, and abroad are essential for a robust bullish economic gain or an added source of income to a company’s short and long term objectives. Multinational corporations According to Investopedia, a multinational corporation is a corporation that has its facilities and other assets in at least one country other than its home country. Such companies have offices or factories in different countries and usually have a centralized head office where they coordinate global management. Foreign direct investment and capital flows Feldstein (2000), states that the Foreign Direct