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Current Government Answers/Discussion
WTO: Goal is to help producers of goods and services,exporters, and importers conduct
their business
Functions:
* Administering WTO trade agreements
* Forum for trade negotiations
* Handling trade disputes
* Monitoring national trade policies
* Technical assistance and training for developing countries
Established 1995
150+ Countries
WTO defends itself on from critics at
http://www.wto.org/english/thewto_e/whatis_e/10mis_e/10m00_e.htm
It is clearly under attack by critics who view it as a dictatorial
organization that only benefits rich countries. These attacks and their
defense are important parts of the globalization debate.
Good introdcutions to the WTO:
http://www.wto.org/english/thewto_e/whatis_e/tif_e/fact1_e.htm
http://www.wto.org/english/thewto_e/whatis_e/whatis_e.htm
IMF: Primary purposes are to promote exchange rate stability and foster economic growth
Provides: surveillance, financial assistance, technical assistance
Sought to build a framework for economic cooperation that
would avoid a repetition of the disastrous economic policies that
had contributed to the Great Depression of the 1930s
184 Countries
$107 Billion dollars currently on loan to 56 countries
http://www.imf.org/external/about.htm
http://www.imf.org/external/np/exr/facts/glance.htm
World Bank: Mission is to fight poverty in the developing world
Provides loans, policy advice, technical assistance and knowledge
sharing services to low and middle income countries
Established 1944
185 countries
The World Bank also defends itself against critics who
believe that the World Bank is part of the Western Conspiracy
to dominate and control less developed countries.
The following link
http://discuss.worldbank.org/content/interview/detail/674
is a good example of opposing viewpoints on globalization
and the role of international organizations like the World Bank.
