International Corporation Flashcards
World Trade Organisation (WTO)
Aim: To implement and advance global trade agreements and to resolve trade disputes between nations
What: only international organizations dealing with the global rules of trade. Its main function is to ensure that trade flows as smoothly, predictably and freely as possible
International Monetary Fund (IMF)
Aim: To maintain international financial stability, particularly in foreign exchange markets
What: Attempts to minimise the impact of economic crises through the development of ‘rescue packages’ to help stabilise economies
World Bank Group
Aim: end extreme poverty within a generation and boost shared prosperity
What: the world bank is an international financial institution that provides loans and grants to the governments of low and middle-income countries for the purpose of pursuing capital projects
United Nations Conference on Trade and Development (UNCTAD)
Aim: Provide analysis and recommendations that can inform the national and international policymaking process, and contribute to promoting economic policies aimed at ending global economic inequalities and generating people-centred sustainable development
What: Aims to be the focal point within the United Nations system for the integrated treatment of trade and development and interrelated issues in the areas of finance, technology, investment and sustainable development
Organisation for Economic Co-operation and Development (OECD)
Aim: to shape policies that foster prosperity, equality, opportunity and well-being for all
What: The OECD publishes economic reports, statistical databases, analyses, and forecasts on the outlook for economic growth worldwide. The group analyses and reports on the impact of social policy issues such as gender discrimination on economic growth and makes policy recommendations designed to foster growth with sensitivity to environmental issues
