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An organisation that deals with the trades between nations

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an organisation for trade opening

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Our goal is to shape policies that foster prosperity, equality, opportunity and well-being for all.
Improve confidence in markets and the institutions that help them function.

Obtain healthy public finances to achieve future sustainable economic growth.

Achieve growth through innovation, environmentally friendly strategies, and the sustainability of developing economies.

Provide resources for people to develop the skills they need to be productiv

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It is a company which gives loans to low income countries in the aim to pursue capital projects

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Aim is to ensure trade flows smoothly, predictably and as freely as possible

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a place where members of governments try to sort out the trade problems they face with each other

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The International Monetary Fund (IMF) is an organization of 186 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

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The United Kingdom, along with 19 other countries,  signed the Convention founding the Organisation for Economic Co-Operation and Development on 14 December 1960, thereby pledged its full dedication to achieving the Organisation’s fundamental aims.

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governments work together to find solutions to common challenges, develop global standards, share experiences and identify best practices to promote better policies for better lives.

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formed in 1944

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Its first goal is to end extreme poverty. It wants no more than 3% of people to live on $1.90 a day or less by 2030.

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The second goal of the world bank is to promote shared prosperity. The aim is to improve the incomes of the bottom 40% of the population in each country. It has been funded 12,000 projects so far.

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Members of the UK Delegation monitor the work of the OECD’s various committees as well as the activities of the International Transport Forum (ITF), the International Energy Agency (IEA), the Nuclear Energy Agency (NEA) and the Sahel and West Africa Club (SWAC), of which the United Kingdom is a member.

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https://www.oecd.org/unitedkingdom/united-kingdom-and-oecd.htm

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On February 6th 2019, Donald Trump nominated David Malpass to be president of the World Bank.

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-Non discriminatory
-Opening trade
-Predictability and transparency
-Fair competition
-Support for less developed countires
-Protection of the environment
-Inclusion
-Partnership

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1. cut living costs and raise living standards
2. settle disputes and reduce trade tensions
3. stimulate economic growth and employment
4. cut the cost of doing business internationally
5. encourage good governance
6. help countries develop
7. give the weak a stronger voice
8. support the environment and health
9. contribute to peace and stability
10. be effective without hitting the headlines

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The work of the United Nations (UN) covers five main areas:        Maintain International Peace and Security.                                      Protect Human Rights.            Deliver Humanitarian Aid.    Support Sustainable Development and Climate Action.                 Uphold International Law.

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The work of the United Nations (UN) covers five main areas:        Maintain International Peace and Security.                                      Protect Human Rights.            Deliver Humanitarian Aid.    Support Sustainable Development and Climate Action.                 Uphold International Law.

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created on 1st January 1995 - marked the biggest reform of international trade since the end of second world war - created new procedures for the settlement of disputes

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164 members - represents 98% of international trade

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The U.S., Japan, China, Germany and the U.K. have the most voting power

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agreements which cover goods, services and intellectual property
spells out principles of liberalisation

individual countries commitments to lower custom tariffs and other trade barriers

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Formed in 1945 following WW2 by 51 countries.

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Formed in 1945 following WW2 by 51 countries.

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A replacement for the League of Nations it is an intergovernmental organisation committed to maintaining International peace and security.

Now consists of 193 member states, guided by principles contained in the founding charter.

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makes trade policies transparent
all members must undergo periodic scrutiny of their trade policies and practices

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procedure for resolving trade quarrels
enforces rules to ensure trade flows smoothly

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Structural adjustment