We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Global Organizations and Nation States - Essay Example

Comments (0) Cite this document
Global Organizations and Nation States Introduction This paper is an attempt to explore briefly the impact of global organizations such as IMF and World Bank on the domestic policies of countries of its affiliation…
Download paper
Global Organizations and Nation States
Read TextPreview

Extract of sample
Global Organizations and Nation States

Furthermore, both these institutions attach many preconditions on the receiving nations for borrowing money. These are mainly part of the neo liberal economic ideology, which force these countries to follow free market policies, reduce government intervention, privatization and decreasing the size of the public sector, liberalization, reducing trade barriers, elimination of subsidies, reduced protection of the domestic industries, currency devaluation and others (Karns & Mingst, pp. 98-99). Despite the fact that these policies have appeared to be working for many developed countries, evidence shows that it has been disastrous for the poor and third world countries, which actually seek loan from IMF and World Bank (Pease, pp. 254-259). Critics of these international organizations believe that these organizations are actually Washington controlled and headed by the developed countries of the world. Important here to note is that United States and other European countries ran out of their resources decades ago. Furthermore, their domestic markets are past the point of saturation and low population growth rates mean that their dream for aggressive growth cannot be fulfilled (Jawara & Kwa, pp. 75-78). The only possible way in which they could sustain or even continue their growth is by trying to exploit the resources of the third world countries, which are rich in natural resources but do not have the tools and the expertise to make use of them. International organizations such as International Monetary Fund, World Bank and World Trade Organization was the clear answer (Hurd, pp. 41-45). These organizations, headed and controlled by a few developed countries, allow them to force the third world and underdeveloped countries of the world to open their markets, deprotect their industries, and reduce the government intervention. Important here to note is that in case of majority of the African and South Asian countries, these policies have never worked (Stone, pp. 52-58). The only beneficiary in these cases are developed countries which get to access the resources of these countries, buy them at the cheapest possible prices in the name of competition and lack of value addition, dictate their own social, economic and other domestic policies. In short, these organizations have created a new face of neo colonialism where they control the policies of the borrower countries in name of “conditions”, “policies”, and “rules” (Pease, pp. 254-259). World Trade Organization is another tool for the powerful nations to influence trade mechanisms and directions. Important here to note is that despite the fact that WTO advocates free trade and lifting of trade barriers, many North American and European countries still continue to protect their domestic sector such as agriculture, beef, farm and other industries. Furthermore, at the same time, poorer countries are forced to lift all possible barriers on trade so that the developed countries could get access to their markets for exploitation. Underdeveloped countries, which have less influence, power and say in these organizations have no other choice but to accept these conditions so that they could little foreign exchange and generate little employment in their countries but again the cost remains high. The recent case of South Korea is another example of how WTO influences the domestic and trade policies of countries. It was during 2003 when South Korea ... Read More
Cite this document
  • APA
  • MLA
(“Global Organizations and Nation States Essay Example | Topics and Well Written Essays - 1000 words”, n.d.)
Retrieved from https://studentshare.net/marketing/38551-to-what-extent-do-organizations-like-the-imf-wto
(Global Organizations and Nation States Essay Example | Topics and Well Written Essays - 1000 Words)
“Global Organizations and Nation States Essay Example | Topics and Well Written Essays - 1000 Words”, n.d. https://studentshare.net/marketing/38551-to-what-extent-do-organizations-like-the-imf-wto.
  • Cited: 0 times
Comments (0)
Click to create a comment
Why states act through formal International Organizations
From the research of International Organizations (IO) evolution, its characteristics and states’ stake in it, it is clear that states have valid reasons to act through IOs. In the discussions about the historical background of the IOs, there are clear evidences to point out how IOs started to develop mainly with the development of the sovereign state systems in Europe and in other continents.
12 Pages(3000 words)Essay
Political Science - Nations vs States vs Nation-States
On the other hand, the hypothetical differentiation involving the two is of vital consideration (Sarmah 3). State people are law-structured in a specific territory. There are four elements that constitute a state: populace, territory, government and sovereignty.
2 Pages(500 words)Essay
Modern Institutions - Nation States
MODERN INSTITUTIONS-NATION STATE Characteristics of Nation States An example of a nation is that of the Quebecois of the Quebec province of Canada. This is because it has an official language (French), and a culture distinct from the rest of Canada. (www.
6 Pages(1500 words)Essay
Non-state Actors Different From a Nation-State Actors

According to the research findings, it can, therefore, be said that non-state actors participate in international affairs through their support in opinion building. This researcher states that nation-state actors, unlike the non-state, are confined within a given state, they do not participate in international affairs.

3 Pages(750 words)Essay
Climate change by GHG emission: the role of IPCC and the leading nation states as two global actor groups
The terms of reference include: (i) to assess available scientific and socio-economic information on climate change and its impacts and on the options for mitigating climate change and adapting to it and (ii) to provide, on request, scientific/ technological/socio-economic advice to the Conference of the Parties to the United Nations Framework Convention on Climate Change (UNFCCC).
7 Pages(1750 words)Essay
Climate Change: the IPCC and the Nation States as two Global Actor Groups
Established in 1988 by World Meteorological Organisation and United Nations Environmental Program, the IPCC has been designed as an inter-governmental body that should assess the existing scientific knowledge on the causes and impacts of climate change and options for adaptation and mitigation.
7 Pages(1750 words)Essay
Nation States
(p. 143) The nation-state is the model of political and social existence and has become the standard and unavoidable form of political and social organization. Roderick Barman emphasized that it is a polity admitting no external control or authority over its actions and
3 Pages(750 words)Essay
Global Organizations and Nation States

The paper tells that IMF and World Bank use an extremely effective tool and that is “debt”. Debt allows the lender to get hold of the debtor’s resources, raw materials, infrastructure, and others on the cheapest possible terms. Furthermore, both these institutions attach many preconditions on the receiving nations for borrowing money.

4 Pages(1000 words)Essay
Is globalization rendering nation-states weak and irrelevant Discuss, with examples
Globalization has played a key role in enhancing free trade among nations, thereby rendering national boundaries irrelevant. A nations’ economy has significant impacts on the political systems
3 Pages(750 words)Essay
Critically assess the changing relationships between TNCs and nation states, comparing their respective roles, objectives, flexibility and power
Though globalization and increased integration between the world economies have become a crucial factor of economic growth, there is no universal definition of the term. Some authors argue that it is not possible to define globalization while others have come up with a
8 Pages(2000 words)Essay
Let us find you another Essay on topic Global Organizations and Nation States for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us