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Start studying Financial intermediation. Learn vocabulary, terms and more with flashcards, games and other study tools. – A financial intermediary is an organisation that raises money from investors and provides financing for individuals, companies and other organisations e.g. banks, insurance.Definition – A financial intermediary is a financial institution such as bank, building society, insurance company, investment bank or pension fund. Credit unions are informal types of banks which provide facilities for lending and depositing within a particular community.Financial institutions, otherwise known as banking institutions, are corporations that provide services as intermediaries of financial markets. Broadly speaking, there are three major types of financial institutions: Depository institutions – deposit-taking institutions that accept and manage.A financial institution (FI) is a company engaged in the business of dealing with financial and monetary transactions such as deposits,

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-One of the strongest criticisms of the World Bank has been the way in which it is governed. -In the 1990s, the World Bank and the IMF forged the Washington Consensus, policies which included -Fairness of assistance conditions. World Bank Group’s loans and aid have unfair conditions attached .In the era of globalization, there is expectation to have some unified way of integration into a global economy However ,there are some examples , where even beside world institutions like IMF or World Bank failed to give appropriate recommendation to developing economies.Three features of Chinese lending to developing countries. First, almost all of China’s overseas lending is official, in the sense that it is Note: This figure shows aggregate public debt to different official creditors for all 122 developing and emerging market countries contained in the World Bank.Objectives of World Bank,

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