Beruflich Dokumente
Kultur Dokumente
The IMF is generally effective as during the GFC is helped to provide over $600
billion in relief loans and provided reports and forecast to counter its
significance. Nonetheless, it is argued that IMF is highly western and Americancentric therefore its objectivity is often questioned. Moreover, government
bodies such as the G20 and the OECD aim to promote economic propensity in a
macroeconomic policy nature. Whereby, the OECD conducts various reports and
investigation and publishes article about many issues including environmental
sustainability. Moreover, the G20 meets annually to discuss political issues and
policy macroeconomic structure to counter current issues. For examples, Julia
Gillards carbon tax was strongly suggested by G20 climate change talks.
Additionally, globalisation has also prompted the notion of economic
development, which considers an overall increase in living standards and utlity
within the world rather then just economic growth. The World Banks role is
primarily concerned with helping poorer countries with their economic
development. The World Bank has a number of organisations that provide
specific assistance to lower income countries, including provides soft loans and
improve investment opportunities in developing countries. One of the World
Banks major goals in recent years has been the Millennium Development Goals.
This goal aims to reduce the proportion of people living on less than $1 per/day
to half the 1990 level by 2015. It also hopes to achieve universal primary
education, reduce morality, improve health and treatment of HIV/AIDS and
malaria as well as improve status of women. It has provided over $280 billion
since the 2008 financial crisis to facilitate shortages of trade finances to low
income economies. Moreover, been effective as the poverty lines decreased from
47% in 1990 to 22% in 2008. Furthermore, the UN focuses on broader issues of
the formation of individual and collective rights of those in the global economy.
Its agenda covers international security, the environment, poverty and
development, international law and global health issues. Examples include: Food
and Agriculture Organisation as well as the International Labour Organisation.
Whereby increasing labour rights and conditions as well as economic
development around the world.
Conclusion are generally effective.