THE CONTEMPORARY WORLD

The Market Integration

Activity Sheet No. 3

Name: Davriel D. Magan Date: _________________________

Year and Course: BS Computer Science – 2 Score: ________________________

1. First column presents the role of global financial institutions according to

Stiglitz.
2. In the second column you are to provide a one sentence discussion of your
understanding to the importance of each role.
*Between 20-30 words discussion for each of the role.

Role of Financial Importance

Institutions
1. Macroeconomic and Aims to increase market assurance. Making sure that
microeconomic the financial sector provides the rest of the economy
policy with the best services possible is the aim of
macroeconomic and microeconomic policy.

2. Financial restructuring Restructuring the banking systems has benefits

despite its issues. It strengthens the financial sector in
ways that enable it to effectively carry out its duties in
fostering economic growth.

3. Corporate It is crucial to create policies that govern how a

governance business operates and align the interests of all its
stakeholders. Sound business practices and financial
viability are the results of effective corporate
governance.
4. Preventing Crises by It is crucial to create policies that govern how a
Controlling Capital business operates and align the interests of all its
Flows stakeholders. Sound business practices and financial
viability are the results of effective corporate
governance.
5. The importance and By preventing crises and developing strategies for
limitations of averting those that do occur, it offers a stable policy
information regime that lessens the long-term effects of inevitable
fluctuations in economic activity.

6. The Role of the World Confirms that those who are weak and poor don't
Bank fight. In addition to implementing reforms or initiatives
related to power, water, and schools, they also help
countries fight disease and protect the environment.