GLOBAL NETWORKING

GLOBAL NETWORKING

1. WEF, 1971

   • WORLD ECONOMIC FORUM
     • SWISS NON PROFIT ORGANISATION
     • WORKS ACROSS NATIONAL BORDERS
   • PROMOTES PUBLIC- PRIVATE CO-OPERATION
     • IMPROVE THE STATE OF THE WORLD BY BRINGING TOGETHER BUSINESS, POLITICAL, ACADEMIC, AND LEADERS OF SOCIETY TO SHAPE GLOBAL, REGIONAL AND INDUSTRY AGENDAS
   • MEET ANNUALLY AT DAVOS
   • HELP RESOLVE DISPUTES AND PROMOTE GLOBAL THINKING
     • DISCUSSES ISSUES OF CORRUPTION, TERRORISM AND SOCIAL ISSUES
   • TNCS GAIN ALOT FROM GOV POLICIES- LOW TAXATION
   • NATIONAL VOTERS INSTINCTS CAN CONFLICT WITH THE WEFS GLOBALISED IDEAS

2. TWO ORGANISATIONS ESTABLISHED AFTER WW2, HELPED USA W ECONOMIC DEVELOPMENT AND PROMOTED CAPITALISM

3. IMF

   • FOUNDED IN 1944
     • JOB WAS TO STABILISE GLOBAL CURRENCIES AFTER 1930S DEPRESSION
       • 44 COUNTRIES
         • LOANS FOR COUNTRYS FACING DEBT
           • REDUCE POVERTY
             • CAPITALISM PROMOTED
               • BY 2016- 189 MEMBERS
                 • VOTING RIGHTS= AMOUNT THATS INVESTED IN THE FUNDS
                   • TOP 10- 60% VOTING

4. WORLD BANK

   • FOUNDED 1944
     • ROLE= FINANCE DEVELOPMENT
       • FIRST LOAN- FRANCE POST WAR RECONSTRUCTION
         • HELP CAPITALISM- DEVELOPMENT
           • -VE= FINANCES PROJECTS THAT ARE ENVIRON DAMAGING
             • RAINFOREST CLEARING
               • -VE= TOO COSTLY SO COUNTRIES COULDNT REPAY LOANS
                 • TRYS TO REDUCE POVERTY
                   • 40%VOTES= 8 COUNTRIES

5. WTO

   • FOCUSES ON TRADE AND ITS RULES
     • REDUCE TRADE BARRIERS
       • FREE TRADE AGREEMENTS
         • ONE COUNTRY ONE VOTE
           • MORE FAIR
             • NO VOTES HAVE EVER BEN TAKEN
   • POVERTY REDUCTION
     • REMOVING FARM SUBSIDIES
       • CHEAPER IMPORTS UNDERCUT LOCAL FARMERS
         • OUT OF BUSINESS