IGO Examples 0.0 / 5 ? SociologyGlobal DevelopmentA2/A-levelAQA Created by: chend96Created on: 28-04-14 18:20 What re the four key igo's World Bank, WTO, IMF and UN 1 of 10 What is the imf? Known as almost like finance police which regulate countries in debt. 2 of 10 What do the imf allow? Loans to developing countries only if they agree to follow imf economic programmes 3 of 10 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 4 of 10 What does the wto do? aims to push for neo-liberal reform in trade 5 of 10 What re the two criticisms of this? Undemocratic decision making and they are ineffective in preventing rich nations from setting tariffs 6 of 10 What does the world bank do? raises money from finance markets at lower rates on interests that governments can get 7 of 10 What does this mean for developing countries? That they can get loans with lower interest than they would get from commercial banks 8 of 10 What is the un? An organisation of indepedenct states which was set up in 1947 to promote international peace and security. 9 of 10 Give examples of this? World trade organisation and the world foood programme. 10 of 10
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