The New International Economic Order consisted of
a. policies adopted by several UN agencies to expand the number of development projects.
b. agreements between developing and developed states aimed at reducing global poverty.
c. statements over several years by the G-20 states after their annual meetings noting the need for additional development funding.
d. resolutions passed by the General Assembly to provide more equity in the international economic system.
e. the UN Secretary General's establishing Millennium Development Goals such as substantially increasing the availability of clean water.
Question 2
The IMF policy of conditionality requires
a. borrowers to reduce their budget deficits.
b. borrowers to protect their domestic markets.
c. loaners to offer funding at low interest rates.
d. loaners to subside private investment in developing states.
e. both borrowers and loaners to negotiate loan agreements.
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