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Global Financing

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Global Financing and Exchange Rate Mechanisms

Global Financing and Exchange Rate Mechanisms International financial institutions are very important for the world to function. International institutions provide capital, improves the standards of living in developing countries. International institutions include World Bank, IMF, and the regional development banks. This essay defines the roles of international financial institutions; as well as how they are used in financing operation. International financial comes with risk and the importance of managing the risk.
Roles of international financial insititutions
The role of international financial institutions is firm so that we can move forward to expanding to additional countries. The role of international financial institutions is to providing financial support and stable advice for project in developing countries. The role of international financial institutions is to provide stability in the developing countries. The role includes being governed by international laws because it involves more than one country. The international financial also supports the private sector in struggling countries by providing support and give initiatives to help the developing countries such as Africa. The international institutions provide loans and other aids to the countries ("Unisdr", n.d.).
For example, with the Keystone pipeline project; this is project that is head by a company called TransCanada. Canada is not a struggling, or developing country but this project would affect other countries. Keystone pipeline's is the largest oil supplier. The company wants to expand the pipelines through the United States. In order for the project can go ahead and continue to be finish. The project needs funding. It is funded by private sectors, domestic institutions, as well as gained international attention.

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