ORGS #8 - WTO IMF and World Bank World Trade Organization o Not a trade block o Association of 153 members help facilitate trade o Oversees all trade

ORGS #8 - WTO IMF and World Bank World Trade Organization o...

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WTO, IMF, and World Bank World Trade Organization o Not a trade block o Association of 153 members, help facilitate trade o Oversees all trade agreements o Gets protested a lot o Seen as globalization IMF o International Monetary Fund o Created after WWII o Lends money to governments to stabilize economies and currencies o Acts as international credit card o Has a lot of leverage to get their money back o Austerity measures – IMF comes in and will tell a country to slash government spending o Sometimes lends money to corrupt leaders Democratic Republic of the Congo in 1965-1997 Mobutu Sese Seko was the dictator president o Bailed out Argentina World Bank o Created after WWII o Full on independent businesses o Both are for profit businesses o Not a trade block and don’t oversee anything o Lending money for world services o Countries that have biggest voice are the richest countries o G7 and G8 states created these two when UN was created o Want to eradicate poverty o
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  • Fall '08
  • JDBOYER
  • Nuclear weapon, International Atomic Energy Agency, Nuclear Non-Proliferation Treaty

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