IGOs and TNCs as alternative superpowers Flashcards
The World Bank and IMF (2+ 3-)
-provide loans to developing
-reduces poverty
-criticised for unethical and environmentally damaging project funding
-given loans to those that cannot repay so developing agree to SAPs to open market and privatise companies
- USA and EU have majority voting rights who favour IGO interests not indebted countries
WTO (2+ 1-)
-ensure free global trade
-164 countries signed to ensure im/exporters and producers protected
-failed to stop developed protecting own industries
-USA and EU give subsidies to their farmers but those in developing lost out as produce is less competitive
The WEF (world economic forum)
-Swiss not-for-profit organisation
-encourages public-private co-operation
-meeting in Davos yearly
-$19k to attend so many small businesses miss out
UN Security Council (6+ 2-)
-arguably most powerful IGO
-5 permanent states (UK, USA, France, China, Russia)
-10 non-permanent rotate every 2 years
POWER TO
-sanction countries that pose security rick eg North Korea
-military force authorised
-UN Peacekeeping Force authorised to reduce conflicts
Criticised- any permanent can veto a decision
-USA,UK, France vs China and Russia so no progress
International Court of Justice (5)
-Hague, The Netherlands
-settles disputes between UN states
-15 judges- 5 from West and rest from other
-achieve geopolitical stability
-hold government accountable for actions against human rights
UN Climate Change Conferences
-encourage reduction in greenhouse gas emissions to protect environment
-Montreal Protocol- 1987 aimed to stop use of Halons and CFCs (damaging to ozone layer)
-Kyoto Protocol- 1997 reduce greenhouse gas emissions
-Paris Agreement- 2015, highest no. of signatures, USA have withdrawn since (key emitter)