What are some of the ways international economic institution help less developed countries?

International economic institutions, such as the World Bank and the International Monetary Fund, assist less developed countries (LDCs) by providing financial support, technical assistance, and policy advice. They offer loans and grants for development projects that improve infrastructure, healthcare, and education, which can spur economic growth. Additionally, these institutions promote trade by facilitating access to global markets and encouraging investment, helping LDCs integrate into the world economy. They also provide capacity-building programs to enhance governance and institutional frameworks, fostering sustainable development.