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International Economic Institutions - download pdf or read online

By M. A. G. Van Meerhaeghe (auth.)

ISBN-10: 9401719306

ISBN-13: 9789401719308

ISBN-10: 9401719322

ISBN-13: 9789401719322

Der Worte sind genug gewechse/t, lasst mich auch endlich Taten sehn. J.W. GOETHE because the overseas financial Fund (IMF) and the overseas financial institution for Reconstruction and improvement (IBRD), that are analysed partly 1, are spe­ cialized businesses associated by way of distinct agreements with the United countries, a couple of phrases concerning the UN and of the opposite really good corporations, the foodstuff and Agriculture association and the foreign Labour association, are known as for. this can be through a brief account of the financial institution for overseas Settlements, that's additionally observed in reference to the IMF and the IBRD. the remainder of this creation is dedicated to a couple non-European makes an attempt at financial integration (which haven't but been very profitable) and to the local improvement banks. 1. The United countries (UN) The United international locations contains 159 nations (September 1986) that have permitted the constitution of the United countries, which was once signed at San Francisco on 26 June 1945 by way of fifty-one states and got here into strength on 24 October 1945. The goals of the association contain the upkeep of peace and defense, the merchandising of higher criteria of dwelling and the encouragement of monetary and social growth for all countries via overseas cooperation. The significant organs of the UN are: the overall meeting the protection Council the industrial and Social Council (ECOSOC) The Trusteeship Council The foreign courtroom of Justice The Secretariat.

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Regional development banks Although there are a large number of regional development banks, we shall only deal with the three largest: the Inter-American Development Bank, the Asian Development Bank and the African Development Bank, which cover nearly the whole of America, Asia and Africa; many developed countries participate in the activities of these banks. Among the other important development banks are the Caribbean Development Bank and the Arab Fund for Economic and Social Development. 16 INTRODUCTION A.

ECOWAS aims at establishing a customs union within a period of 15 years from the entry into force of the agreement. A fund for cooperation, compensation and development became operational in 1977. Since 1979 ECOWAS has been consolidating customs duties, other similar levies and non-tariff barriers affecting products originating in the Community. The headquarters are at Lagos. 4. The Central African Customs and Economic Union (UDEAC) In June 1959 an Equatorial Customs Union (Union Douaniere Equatoriale- UDE) was established between four territories of the Federation of French Equatorial Africa which were to become independent a year later (Congo, Gabon, the Central African Republic and Chad).

The resources amount to 3440 million dollars. 6. Conclusion Through the multiplication of international institutions one begins to doubt the longer the more their efficiency. This not only goes for these organizations themselves but also for the coordinating organization, the UNO. Coordination is unexisting. Continuously, new funds or organizations with about the same assignments as the existing ones are founded. When there is no coordination within the UNO itself, how can one expect to find coordination between the activities of the Specialized Agencies.

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International Economic Institutions by M. A. G. Van Meerhaeghe (auth.)


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