#RFB-11000452Reading: Fill in the BlanksAcademic,CoreHard

Globalization and Finance

Official Question Material
Prep: Varies

Economic dimension of globalization involves the international financial institutions i.e. the IMF & WB. Stabilization and adjustment are sponsored by the two respectively and are rooted in the [blank] of free market. At the other end of the spectrum, protesters see globalization in a very different light than the treasury secretary of the United States, or the finance or trade ministers of most of the advanced industrial countries. The difference in [blank] is so great that one wonders, are the protesters and the policy makers talking about the same phenomenon? Are they looking at the same data? Are the visions of those in power are so clouded by special and particular [blank] ?

Sample Answer & Audio Transcript

Economic dimension of globalization involves the international financial institutions i.e. the IMF & WB. Stabilization and adjustment are sponsored by the two respectively and are rooted in the ideology of free market. At the other end of the spectrum, protesters see globalization in a very different light than the treasury secretary of the United States, or the finance or trade ministers of most of the advanced industrial countries. The difference in views is so great that one wonders, are the protesters and the policy makers talking about the same phenomenon? Are they looking at the same data? Are the visions of those in power are so clouded by special and particular interests ?
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