IGO Examples

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  • Created by: chend96
  • Created on: 28-04-14 18:20
What re the four key igo's
World Bank, WTO, IMF and UN
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What is the imf?
Known as almost like finance police which regulate countries in debt.
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What do the imf allow?
Loans to developing countries only if they agree to follow imf economic programmes
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What are the two criticisms?
They strictly adhere to neo-liberal economic policies and only help countries in the short term and not in the long
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What does the wto do?
aims to push for neo-liberal reform in trade
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What re the two criticisms of this?
Undemocratic decision making and they are ineffective in preventing rich nations from setting tariffs
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What does the world bank do?
raises money from finance markets at lower rates on interests that governments can get
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What does this mean for developing countries?
That they can get loans with lower interest than they would get from commercial banks
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What is the un?
An organisation of indepedenct states which was set up in 1947 to promote international peace and security.
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Give examples of this?
World trade organisation and the world foood programme.
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Other cards in this set

Card 2

Front

What is the imf?

Back

Known as almost like finance police which regulate countries in debt.

Card 3

Front

What do the imf allow?

Back

Preview of the front of card 3

Card 4

Front

What are the two criticisms?

Back

Preview of the front of card 4

Card 5

Front

What does the wto do?

Back

Preview of the front of card 5
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