ate sectors and government businesses. The Multilateral Investment Guarantee Agency (MIGA) encourages foreign investment and provides technical assistance to help countries with investment opportunities. The International Centre for Settlement of Investment Disputes (ICSID) facilitates settlements between investors and borrowers. The aim of the World Bank is to help third world countries further develop, to alievate hunger and poverty and promote economic growth.
             The IMF and the World Bank are two organizations that are tied together. Their actions and plans are very similar. Both lend money to countries, and have become the only place that countries with a bad credit record can get loans. This makes the two organizations very powerful. They act as world mediators, they resolve problems between creditors, and the countries who owe them money.
             The IMF was established in 1946 it lends money to countries that are in need. The organization conducts research, provides financial assistance, and technical assistance. The IMF has a membership of 182 countries. These members joined to promote international cooperation, stability in international economics, foster economic growth, and to provide financial assistance to countries to help elivate poverty. The IMF is active in three areas. The first is surveillance; this is the process by which the IMF appraises its members' exchange rate policies, by the analysis of the general economic situation of each member. The IMF fulfills its surveillance responsibilities through: annual bilateral Article IV consultations with individual countries, multilateral surveillance twice a year in the context of its World Economic Outlook (WEO) exercise.
             The World Bank and IMF often use their power to benefit themselves and the G-7 countries. Canada, France Germany, Italy, Japan, United Kingdom, and the United States make up the G-7. They are the top contributors to the World Bank and t...