Bus 360 – Global Business Strategies Academic Essay Assignment 2 – International Monetary Fund vs New Development Bank

Purpose:
This assignment provides an opportunity to learn more about the International Monetary Fund and the New Development Bank.
Background:
Read the Debate: Ethical Dilemma/Emerging Markets box on pages 109 – 110 in your textbook there is the textbook link Peng, M.W. (2016). Global business 3rd edition. Boston, MA: Cengage
Learning.
And watch this short video clip about the IMF:Â https://www.youtube.com/watch?v=MhrC2_Hak08.
Your assignment
Writea two page single spaced research report. Includeworks cited on the 3rd page. Please use a minimum of 5 references. Wiki is not included in the 5 references. Your report should:
Outline the pros and cons for both the International Monetary Fund (IMF) and the New Development Bank (NDB). (1 page)
Describe and analyze the impact of the IMF’s actions in aiding either a) Greece or b) one of the African countries. Be sure to provide evidence to back up your points.(1/2 page)
Which institution, the IMF or the NDB, has the better model? Why? (1/2 page).