THE ROLE OF INTERNATIONAL FINANCIAL ORGANIZATIONS IN ENSURING NATIONAL ECONOMIC DEVELOPMENT

Authors

  • Khasan Sabirov Nordic international university

Keywords:

IFO, International Monetary Fund, poverty, economy, economic growth

Abstract

The role of international financial organizations (IFOs) in ensuring national economic development is pivotal, as these entities provide essential financial resources, technical assistance, and policy advice to developing countries. IFOs such as the International Monetary Fund (IMF), World Bank, and regional development banks facilitate economic stability by offering loans and grants that help nations address balance of payments crises, invest in infrastructure, and implement structural reforms. Furthermore, they promote sustainable development through initiatives aimed at poverty reduction, education, and health care improvements. By fostering partnerships between governments and private sectors, IFOs enhance investment climates and encourage foreign direct investment (FDI).

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Nordic Academic Materials Proceedings

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Published

2025-01-07

Issue

Vol. 2 No. 0002 (2024): Nordic Academic Materials Proceedings

Section

Research articles

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Copyright (c) 2025 Khasan Sabirov

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