ADVANTAGES

The G-20 includes developing economic powerhouses such as China, India and Brazil.The Washington-based World Bank loans money and makes grants to developing and poor countries to pay for investment in education, health care, infrastructure, agriculture and natural resource management.The IMF fosters global monetary cooperation to facilitate interna-tional trade, and has bailed out a number of cash-strapped govern-ments that ran into trouble during the global financial crisis.In Istanbul, the United States noted that the G-20 had asked the IMF to analyse whether the world's major economies were implementing economic policies in line with growth goals."For the IMF, this means that rigorous surveillance must help us shed light on trends that could lead to the next unsustainable boom," US Treasury Secretary Timothy Geithner said in a statement at the plenary session.

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