Global Governance Organisations

Question 1

United Nations

Answer 1

• promotes global stability and development including Millennium Development Goals.
• 193 member states, hard to get everyone to agree, were divided on whether to accept or condem the Russian annexation of the crimea in 2014

Question 2

World Bank

Answer 2

• Structural Adjustment programmes (SAP’s) for countries who experience severe financial difficulties.
• Borrowing countries must make concessions such as privatising national services, as well as pulling funding from inefficent industries. as such some say these loans exacerbate poverty by undermining the economic sovereignty of borrowing states.

Question 3

International Monetary Fund

Answer 3

• critics say the USA and Europe exert to much political influence over what is supposed to be a neutral organisation. some say the states that are loaned money have to give up some political control in exchange for funding.

Question 4

World Trade Organisation

Answer 4

• since 1995 this organisation has promoted free trade and aimed to settle trade disputes.
• hard to get 162 member nations to agree on anything, which may explain why talks in 2001 were stalled for 14 years.
• fast growth of emerging economies such as China make it harder to agree on fair policies for so called devloping countries.