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Posted byOlivia
Positive Economics vs Normative Economics Many of us dread economics as it contains phrases and terminology that look outlandish to most common people. However, economics is an important subject and is meant for the common good of the people, and not just a field of discussion between experts as it has practical applications also. Difference […]
Posted byOlivia
World Bank vs IMF World Bank and IMF are two very important specialized agencies of United Nations. To understand the roles, functioning and responsibilities of these autonomous bodies, World Bank and IMF, a brief look into history is necessary. In 1944, with World War II raging, delegates from 44 allied nations gathered in Bretton Woods, […]