Bretton Woods & International Organizations by Julia Sophie Martínez Villa https://padlet.com/a01254668/d04i8nae6wtw9jm0 en-us 2023-09-02 06:13:34 UTC 2023-09-03 17:28:15 UTC hello@padlet.com Bretton Woods & International Organizations a01254668 https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2681732837 2023-09-02 06:16:47 UTC https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2681732837 Headquarters or General Offices a01254668 https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2681733095 World Bank:
Office of the Executive Director: Washington DC, United States
Headquarters: Washington DC, United States
International Monetary Fund:
Headquarters 1: Washington DC, United States
Headquarters 2: Washington DC, United States
World Trade Organization:
Headquarters: Centre William Rappard (CWR) in Geneva, Switzerland
]]> 2023-09-02 06:18:08 UTC https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2681733095 Objectives a01254668 https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2681734752 World Bank:
• The Bank's goal is to decrease the percentage of people living with less than $1.90 a day to no more than 3 percent by 2030.
• To promote income growth of the bottom 40 percent of the population in each country.
• Galvanize international and national efforts to end extreme poverty globally within a generation.
International Monetary Fund:
• To ensure stability in foreign exchange rates.
• To promote international Trade.
• To promote investment of capital in backward and underdeveloped countries.
• To eliminate or reduce the disequilibrium in the balance of payments.
World Trade Organization:
• To set and enforce rules for international trade.
• To provide a forum for negotiating and monitoring further trade liberalization.
• To increase the transparency of decision-making processes.
• To help developing countries benefit fully from the global trading system.
]]> 2023-09-02 06:24:57 UTC https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2681734752 Has Mexico benefited from the work of any of these institutions? https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2682060093 Yes, Mexico has benefited from the work of various international institutions. One concrete example is the World Bank's support for projects in Mexico. The World Bank has provided financial assistance and expertise for initiatives such as infrastructure development, education reform, and poverty reduction programs. These efforts have contributed to improving living standards, access to education, and economic development in various regions of Mexico.


]]> 2023-09-02 22:44:45 UTC https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2682060093 Differences between World Bank, International Monetary Fund, World Trade Organization: https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2682065963  Purpose and Focus
   - World Bank : The World Bank primarily focuses on providing financial and technical assistance for development projects in member countries, with a strong emphasis on poverty reduction and infrastructure development.
   - IMF: Purpose is to promote global monetary cooperation and exchange rate stability. It provides financial assistance to member countries facing balance of payments problems and offers policy advice to help stabilize their economies.
   - WTO:  Main goal is to facilitate international trade by promoting fair and open trade practices among its member countries. It deals with trade agreements, dispute resolution, and negotiations to reduce trade barriers.

Functions
   - World Bank: Provides loans, grants, and technical expertise for development projects such as building infrastructure, reducing poverty, and improving healthcare and education.
   - IMF: Provides financial assistance to member countries in crisis, offers economic policy advice, and monitors global economic trends and exchange rates.
   - WTO: Administers trade agreements, provides a forum for trade negotiations, and handles trade disputes among member countries.

Governance
   -World Bank: Governed by its member countries through a board of directors, with decision-making power weighted based on financial contributions.
   -IMF: Governed by its member countries through a board of governors and an executive board, with decision-making power also based on financial contributions.
   -WTO: Operates on a consensus-based decision-making process among its member countries.

]]> 2023-09-02 23:14:56 UTC https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2682065963 Bretton Woods Agreement a01254858 https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2682120261 What is the Bretton Woods agreement?
The Bretton Woods agreement as well as the system created a collective international currency exchange regime, which lasted from the 40’ to the 70’.

Examples of its main objectives
It helped with lots of stuff, some examples of the main objectives are: ensure exchange rate stability, promote economic growth, and prevent competitive devaluations.

]]> 2023-09-03 03:41:26 UTC https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2682120261 Institution Creation date a01254858 https://padlet.com/a01254668/d04i8nae6wtw9jm0/wish/2682121595 World Bank:
An organization owned by 187 countries that specializes in international development.
They are mainly focused on removing poverty in developing countries and solving the financial and macroeconomic problems globally.
Founded in July of 1944

International Monetary Fund (IMF):
An organization that works hard to achieve prosperity and growth to all their members (190 countries). Focused on encouraging the use of monetary cooperation, expansion of trade and economic growth.
Founded in July of 1944

World Trade Organization:
An organization that specializes on trade between countries, it is also the only one dealing with the rules of trade between nations. Their main focus is setting rules for international trade.
Founded in january first of 1995 




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