Which international organization is known for influencing regulatory development?

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The International Monetary Fund (IMF) is recognized for its significant role in influencing regulatory development on a global scale. The IMF provides financial assistance, policy advice, and technical assistance to its member countries, which helps them achieve macroeconomic stability and implement effective regulatory frameworks.

The organization's focus on economic stability means it emphasizes sound fiscal and monetary policies, which in turn influences governments to create regulations that align with these principles. Additionally, the IMF monitors global economic trends and offers recommendations that can shape regulatory practices in various countries.

The other organizations listed, while influential in their own areas, do not focus primarily on regulatory development. The World Bank primarily addresses development and poverty reduction through funding and projects, the United Nations encompasses a broad range of international issues without a specific emphasis on regulation, and the World Economic Forum is more of a platform for dialogue and discussion among business leaders and policymakers rather than a regulatory authority.

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