1. Does the gap between rich and poor countries widened?
... changing the economic system took all its sense in 1982, when the debt crisis extended to all countries. Moreover, the end of the cold war and the fall of communism in 1988 precipitated the communist countries to adopt a new model of economy. The models that were in place since World ... organisations that could defend the interests of both sides (developing and developed countries) was required. After the First World War, the IMF had the mission to create an economic stability for a world that suffered of the war but after several years its goal changed and the most powerful economies h...
- Word Count: 6472
- Approx Pages: 26
- Has Bibliography
- Grade Level: Undergraduate