507539
Description
Mind Map by john_ortriv, updated more than 1 year ago
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Created by john_ortriv
about 11 years ago
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International
Institutions from an
Insternational
Business Perspective
- Institutions
- New institutional theory
- Undestanding of institutions as
social constructs, a collection of
norms that structure the relations of
individuals to one another
- Undestanding of institutions as
social constructs, a collection of
norms that structure the relations of
individuals to one another
- Types of institutions
- Formal institutions
- Operate through laws
and regulations
- Operate through laws
and regulations
- Informal institutions
- Use norms, values,
customs and
ideologies
- Normative
- Cognitive
- Normative
- Use norms, values,
customs and
ideologies
- Formal institutions
- New institutional theory
- The United Nations
- UN Organization
- Five organs
- General Assembly,
Security Council, Economic
and Social Council
(ECOSEC), International
Court of Justice (ICJ), and
the Secretariat
- General Assembly,
Security Council, Economic
and Social Council
(ECOSEC), International
Court of Justice (ICJ), and
the Secretariat
- Five organs
- UN Millenium
Development Campaign
- It was launched in
2000. Its goal is to end
povetry by 2015
- It was launched in
2000. Its goal is to end
povetry by 2015
- 192 member countries
dedicated to world peace
and stability
- UN Organization
- International Monetary Instituions
- International Monetary Fund
- Institution that fosters global
monetary cooperation,
financial stability, international
trade, high employement and
sustainable economic growth,
and reduction of povetry
- Current IMF issues
- IMF works to help
economies manage
risks inherent in
globalization
- IMF works to help
economies manage
risks inherent in
globalization
- IMF and Exchange rates
- 1945. Set fixed
exchange rates
between member
nations
- 1945. Set fixed
exchange rates
between member
nations
- Current IMF issues
- Institution that fosters global
monetary cooperation,
financial stability, international
trade, high employement and
sustainable economic growth,
and reduction of povetry
- The World Bank
- Institution that lends money
for development projects
- Major institutions
- International Bank for Reconstruction and Development (IBRD)
- International Development Association (IDA)
- International Bank for Reconstruction and Development (IBRD)
- Minor institutions
- International Finance Corporation (IFC)
- Multilateral Investment Guarantee Agency (MIGA)
- International Center for the Settlement of Investment Disputes (ICSID)
- International Finance Corporation (IFC)
- Major institutions
- Institution that lends money
for development projects
- International Monetary Fund
- World Trade Organization
- An international
organization that
deals with rules of
trade between nations
- WTO Principles
- Trade without discrimination
- Free trade, gradually,
through negotiation
- Predictability, through
binding and transparency
- Promotion of fair competition
- Encouragement of development
and economic reform
- Trade without discrimination
- An international
organization that
deals with rules of
trade between nations
- Organisation for
Economic Cooperation
and Development
- Group of developed countries
dedicated to promoting economic
expansion in its member nations
- Group of developed countries
dedicated to promoting economic
expansion in its member nations
- Economic Integration Agreements
- Free Trade Area (FTA): Area in
which members have been
eliminated, but members keep
their external tariffs
- Customs Union: collaboration that adds
common external tariffs to an FTA
- Common Market: customs union that includes
mobility of services, people and capital
- Complete Economic Integration integration
on economic and political levels
- Customs Union: collaboration that adds
common external tariffs to an FTA
- Examples
- North American Free Trade
Agreement (NAFTA), Mercosur,
Association of Southeast Asian
Nations (ASEAN)
- North American Free Trade
Agreement (NAFTA), Mercosur,
Association of Southeast Asian
Nations (ASEAN)
- Free Trade Area (FTA): Area in
which members have been
eliminated, but members keep
their external tariffs
- The European Union
- EU Development
- Established in 1993 by the EC
in the Maastricht Treaty
- Established in 1993 by the EC
in the Maastricht Treaty
- Impact on IB
- Introduced common currency (Euro), eliminated shared
border taxes, the Eu is the world’s largest trading economy
- Introduced common currency (Euro), eliminated shared
border taxes, the Eu is the world’s largest trading economy
- 27 european countries
committed to economic and
political integration
- EU Development
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