Impact of international financial institutions

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......Figure 2
Summary Statistics (1960-2000)

Source: (Kose and Prasad; in Prasad, Rogoff, Wei and Kose, 2003)


The Georgetown University work entitled: Addressing New Global Gaps: Re-Inventing the International Financial Institutions states that the 20th century, was notable for scientific breakthroughs in the social science. Economic theory evolved to a much better understanding of the relationships between monetary, trade and fiscal policies and the real economy. The laws of comparative advantage in the alignment of global competitiveness gave way to a more nuanced understanding of some real advantages by allowing prices to fluctuate and the means of production capital and labor to move with global supply and demand. (2008)

II. BARRIERS TO DISSEMINATION
There are barriers, which exist to factual dissemination of the real impacts of financial globalization and IFIs on healthcare in developing countries. One of these barriers is that lack of harmonization in statistics on a global basis. Official statistics are those collected according to good practice, using appropriate methods for data collection, processing and dissemination are crucial as a tool for development. (Partnership in Statistics for Development in the 21st Century, 2008) It is related that there is a duty of governments in compiling and publishing official statistics

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