Economic development institutions such as the International Monetary Fund and the World Bank are examples of countries working together to help promote global economic stability and development. Are these institutions helpful, or are they detrimental to the countries with which they work? Is it important for countries to cooperate economically, or is it strictly a competition between nations? In this assessment, examine an economic development institution (EDI), considering its development and structure and how the organization affects the countries in which it is located. It is important to be familiar with the characteristics of these types of organizations and understand the effects they have on the countries in which they work, as well as world politics. To prepare for this assessment, choose an economic development institution (EDI). Directions For this assessment complete the following: Describe the EDI you chose and explain the EDI's relevance in world politics. Include the following: Identify where the EDI works and where its headquarters are located. Explain how the EDI affects the political arena in some of the countries in which it is located or works and whether it has become more influential over time. Describe the social, economic, and environmental responsibilities and influences of EDIs. What has been the effect of a particular economic development institution on the social and environmental performance of the countries in which it is located? Has the EDI, since the inception of the organization, led to greater cooperation or competition (or both) within the countries in which they are located, and has that changed over time?