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Handbook of International Social WorkHuman Rights, Development, and the Global Profession$
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Lynne M. Healy and Rosemary J. Link

Print publication date: 2011

Print ISBN-13: 9780195333619

Published to Oxford Scholarship Online: January 2012

DOI: 10.1093/acprof:oso/9780195333619.001.0001

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Regulators of the Global Economy: The IMF, the World Bank, and the WTO

Regulators of the Global Economy: The IMF, the World Bank, and the WTO

Chapter:
(p.318) 49 Regulators of the Global Economy: The IMF, the World Bank, and the WTO
Source:
Handbook of International Social Work
Author(s):

Peta-Anne Baker

Kimberly Hinds

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195333619.003.0049

The current global economic crisis and its consequences for the well-being of large sections of the world's population bring renewed attention to the role of global economic institutions such as the International Monetary Fund (IMF), the World Bank, and the World Trade Organization (WTO). These organizations play an active role in establishing the rules of the game, as in the case of the IMF and the WTO; and in providing economic and technical resources, as in the case of the World Bank. This chapter reviews the origins, roles, and impact of these global financial and trade bodies. Following a description of efforts to make these organizations more responsive to the interests of those who are most disadvantaged, it concludes by identifying ways in which social workers can participate in this process at local and global levels.

Keywords:   International Monetary Fund, World Bank, World Trade Organization, social workers, social work practice

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