Contents with tag: MFD
The WBG's talk on the role of the as a “broker” between investors and developing countries has been more clearly articulated recently as “Maximising Finance for Development,” or the MFD approach.
Since 2017, the WBG has been working with its “Cascade” approach, later renamed as “Maximizing Finance for Development” or MFD.
Despite today’s rising concerns on the inequalities linked to the further consolidation of corporate power, the Maximising Finance for Development threatens to precisely entrench corporations’ hold – within the development agenda.
The International Monetary Fund (IMF) and what came to be later known as the World Bank Group (WBG) were established in the 1944 Bretton Woods Conference held at the United States (US).