Intergovernmental Organisations

  • Created by: Ellen.B
  • Created on: 14-01-20 10:33

The International Monetary Fund (IMF)

-Founded in 1944

-Aims to help stabilise global currencies + provides loans to developing countries to reduce poverty

-Many countries see the IMF as a last resort

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The World Bank

-Founded 1944

-Supports capitalism

-Provides loans to developing countries to reduce poverty and achieve sustainability

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The World Economic Forum (WEF)

-Founded in 1971

-Swiss not-for-profit organisation

-Aims to bring together businesses and governments and other members to 'Improve the World'

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The World Trade Organisation (WTO)

-Founded in 1995

-Focuses on the trade and the rules of trade

-Wants to ensure that capitalism thrives so trade is free

-Explosion of global trade could be a sign that the WTO is a success

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