Mutual fund

Today’s global governance institutions were built around the emergence of the United States of America as a superpower in the mid-1940s. It was this mantle that caused the United States, for whatever reason, to assume responsibility for the reconstruction of nations both in the west and in the east following the devastating effects of World War II. A point largely dismissed by those too young to remember. That virtually uncontested assumption of responsibility combined with the need for…

A key factor of sovereignty lies in the status of its external recognition; according to Li and Zhou: financial sovereignty is a component of sovereignty itself and therefore is “…composed of financial sovereign status, financial sovereign authority, and financial sovereign capability.”(Li and Zhou, p. 178). Sovereign status, being based on the recognition and consent of other states, should not be affected by globalization of financial capitalism, leaving the other two components from Li and…

policies are somehow related because they focus on helping countries build businesses and develop trade in order to make the business known worldwide. What is the main function of both The International Monetary Fund and the World Bank? The main function of the International Monetary Fund is to control or manage how…

companies further reduce the cost of expenditure, thus it led the local companies lose their competitive, then the small local shops could be merged or be eliminated, led to the social business would be controlled by foreign capital and the public fund mostly are transfer to other countries. Another factor that will happen after the first factor, MNC which have many influence of economic convention of developing countries, this meaning the national sovereignty will be weaken seriously that have…

Greece is on the verge of going bankrupt. Greece failed to make a payment to the International Monetary Fund (organization of 188 countries, working to secure financial stability and international trade). Will Greece be leaving the Euro zone? The Euro zone has been helping Greece for many years financially, but you can only help someone or something for so long. Currently, Greece is under strict rules to get their financial situation back in order. How will the future Greece affect the Euro zone…

The development of communication and new technologies, and the use of Internet have made huge economic and political transformations. People, banks and industries use the cyberspace to trade their capitals among national and regional economies. Moreover, economic integration and economic globalization have shrunk economic connections across the globe. Goods and Services can be easily trade among nations because there are several facilities of transportation, control, and payment. The increase…

pressure on, and criticisms of the Bank have been central to its growth and the evolution of its policies, programs, and practices” (IATP). Furthermore, the US has immense influence over other financial institutions such as the International Monetary Fund. Related to trade, the US was one of the notable countries in developing the World Trade Organization which facilitates trade with 164 other states (WTO). Being one of the more prominent states within the organization, the US is able to have a…

partner to the United States, it is not a great surprise they are both members of many of the “same international organizations, including the United Nations, ASEAN Regional Forum, Asia-Pacific Economic Cooperation forum, G-20, International Monetary Fund, World Bank, Organization for Economic Cooperation and Development, and World Trade Organization” (U.S. State…

The author of The Post- American World, Fareed Zakaria, claims that the other nations are catching up to the United States. According to Zakaria, the United States is considered “the dominant player” as being the richest nation in the world (Zakaria, pg. 22). After the United States industrialized, the nation was considered the “most powerful nation since imperial Rome” (Zakaria, pg. 2). However, the other nations such as China, India, and Japan are gaining power, and are becoming richer and…

In recent decades, it is clear to see that globalization has been a part of a worldwide economic transformation. Businesses and governments are connecting globally and expanding production through operations that essentially increases exports and imports. Globalization did not happen overnight, there have been many key drivers in this economic procedure and since 1970, international business has slowly risen to the powerhouse which it is in our 21st century today. What we do know is that…