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World Bank

Essay by   •  March 28, 2011  •  Essay  •  643 Words (3 Pages)  •  1,433 Views

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WORLD BANK

The World Bank founded in 1944 and it is the world's largest source of development assistance and it Works in more than 100 developping economies with the primary focus of helping the coutries.It's missions are : To fight poverty, to help people themselves.The World Bank achieves its mission by providing resources,sharing knowledge and reating partnership between the public and private sector.

IMF

IMF is an institution that countries united in the desire to maintain stable currency systems so that payments in foreign Money can take place between countries easily and without delay.The goal is to help inteernational trade to grow and create jobs in an expanding world economy.IMF achieves this goal by lending monet to members having financial trouble.The condition of borrowing Money from IMF is that this Money is lent on condition that countries make economic reforms to eliminate difficulties for their own and that of the entire membership.

UNITED NATIONS

The United Nations was established on 24 October 1945 by 51 countries committed to preserving peace through international cooperation and collective security. Today, nearly every nation in the world belongs to the UN: membership totals 191 countries.When States become Members of the United Nations, they agree to accept the obligations of the UN Charter, an international treaty that sets out basic principles of international relations. According to the Charter, the UN has four purposes: to maintain international peace and security; to develop friendly relations among nations; to cooperate in solving international problems and in promoting respect for human rights; and to be a centre for harmonizing the actions of nations.

WORLD TRADE ORGANIZATION

The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business. Essentially, the WTO is a place where member governments go, to try to sort out the trade problems they face with each other. At its heart are the WTO agreements, negotiated and signed by the bulk of the world's trading nations.But the WTO is not just about liberalizing trade, and in some circumstances its rules support maintaining trade barriers -- for example to protect consumers

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