The Bretton Woods institutions were created in the aftermath of World War II. Many believe they are obsolete or are in need of massive redesign. The way forward must reference the road that has been traveled so far. The medium-sized, US-based company you for which you work may be in need of sustained financial support to enter emerging markets. You've been charged to assess the purpose of the so called Bretton Woods institutions to determine whether any of them align with your expansion strategy, long-term goals, and mission statement. After evaluating several of the organizations, write a memo to the board of directors with your findings and recommendation.
Act on the following steps:
Identify a medium-sized, US company with potential to expand internationally from popular websites like Bloomberg.com or Yahoo Finance. Utilize the NCU library databases (Mergent Online and/or LexisNexis) for company research with detailed public company information and financials.
Examine the background and purpose of the International Bank for Reconstruction and Development (IBRD), the International Finance Corporation (IFC), the Multilateral Investment Guarantee Agency (MIGA), and the International Monetary Fund (IMF)?
Select an agency from the list above that aligns with your selected company's international strategy and goals. If none fits the bill, explain the reasons in your presentation.
Produce a formal memorandum to the board of directors with your findings and agency recommendation.