By Vinay K. Bhargava
Written by way of 27 international financial institution specialists, this e-book attracts at the Bank's certain international features and event to advertise an realizing of key worldwide matters that can't be solved via anybody state on my own in an more and more interconnected global. It describes the forces which are shaping private and non-private motion to handle those matters and highlights the Bank's personal paintings in those components. overlaying 4 huge subject matters (global economic system, international human improvement, international surroundings, and international governance), this finished quantity presents an advent to modern-day so much urgent international issues—from poverty, clash, and migration to weather swap, overseas alternate, schooling, overall healthiness, and corruption. With its simple presentation of advanced subject matters, use of genuine global examples, and proposals for additional interpreting online and within the literature, this specified quantity can be a useful source for college students in diplomacy, worldwide company, public coverage, foreign improvement reviews, sociology in addition to different readers.
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Written via 27 international financial institution specialists, this ebook attracts at the Bank's targeted international features and event to advertise an realizing of key international matters that can not be solved by means of anybody state by myself in an more and more interconnected international. It describes the forces which are shaping private and non-private motion to handle those matters and highlights the Bank's personal paintings in those components.
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Extra resources for Global Issues for Global Citizens: An Introduction to Key Development Challenges
IFIs are institutions that provide ﬁnancial support and professional advice for economic and social development activities in developing countries, or that promote international economic cooperation and stability—or both. They include the IMF, the World Bank, and the four regional development banks: the African Development Bank, the Asian Development Bank, the Inter-American Development Bank, and the European Bank for Reconstruction and Development. ) As with the UN, there are many proposals on the table for reform of the IFIs, to enable them to play a more effective role in the global issues agenda.
Nations, too, act much like individual ﬁshers, each seeking its own individual beneﬁt from the common resource. In the past half century, the growth of human populations and economies, the spread of new technologies such as ﬁshing nets made from synthetic materials, and the motorization of ﬁshing ﬂeets has contributed to the decline of many ﬁsheries, jeopardizing ecological and economic sustainability for coastal communities around the world. ” Without effective international regulation, ﬁsheries accessible to more than one country, including those on the high seas, are declining as each vessel tries to take as much as it can of what remains.
After World War I, the League of Nations was created as the ﬁrst attempt at such a global system. However, the League proved ineffective, and after World War II a new international system was designed,5 with the UN, the World Bank, the International Monetary Fund (IMF), and the General Agreement on Tariffs and Trade (succeeded in the 1990s by the WTO) as its cornerstones. This system remains in place today as the primary means for addressing the global issues agenda. However, the inherited system suffers from many problems such as lack of perceived legitimacy, lack of resources, lack of effective enforcement mechanisms, and lack of representativeness.