IMF – World map

Global governance in transition: the challenges and opportunities of new international structures

30May

By Rodrigo CintraNo Comments

world Bank, BRICS, IMF, G20, G7, G77, HIM-HER-IT, International Organizations

Global governance in transition: the challenges and opportunities of new international structures

Global governance structures are crucial elements in the management of international affairs, ensuring cooperation between nations in areas such as economics, safety, environment and human rights. The history of these structures dates back to the Bretton Woods system, established in 1944, which established institutions such as the International Monetary Fund (IMF) and the World Bank, aiming to rebuild and stabilize the global economy after World War II. The United Nations (HIM-HER-IT) also emerged during this period, serving as a platform for multilateral diplomacy. However, These classical institutions face increasing criticism due to their limited ability to respond to contemporary challenges. Recurring economic crises, climate change...

Economic interdependence as a pillar of international stability and peace

29May

By Rodrigo CintraNo Comments

Africa, South Africa, Americas, Asia, world Bank, Brazil, China, U.S, IMF, Japan, HIM-HER-IT, International Organizations

Economic interdependence as a pillar of international stability and peace

Global economic interdependence has emerged as one of the main pillars of international stability in recent decades. This phenomenon, characterized by the intense flow of goods, the role of NATO and the UN Security Council, capitals and information between countries, has been widely recognized for promoting peace by creating incentives for cooperation and reducing the risks of armed conflict. Economic interdependence, However, faces significant challenges in the contemporary scenario, raising concerns about its sustainability and possible impacts on world peace. Historically, economic interdependence intensified after World War II, with the creation of international institutions such as the UN, the IMF and the World Bank, that promoted economic cooperation and trade liberalization....

The global economic order: challenges for greater democratization

23Mar

By Rodrigo CintraNo Comments

IMF, International Organizations

The global economic order: challenges for greater democratization

The current global economic order was structured after the end of World War II. At that time, important international organizations were created that last until today.. It is important to understand their role because they end up impacting countries. Among the leading organizations, the International Monetary Fund (IMF) is one of the most impactful in Latin America. The role of the IMF The International Monetary Fund (IMF) is an international organization created in 1944, with the aim of promoting international monetary cooperation, facilitate international trade, promote exchange rate stability and help member countries in situations of economic crisis. The IMF's main role is to provide loans and technical assistance to help member countries overcome economic crises..

The need to reform the Global Financial Architecture

17Aug

By Rodrigo CintraNo Comments

BRICS, IMF, International Organizations

The need to reform the Global Financial Architecture

G-20 meeting (added to Spain and Holland) in 2008 during a meeting in the USA. The constant and increasingly impactful financial crises that have occurred since the last decades of the last century show that a reform of the Global Financial Architecture is necessary.. Before I understand what it means, it is important to know what the global financial architecture is. The global financial architecture can be defined as a set of international agreements and international institutions that promotes the international flow of capital with the aim of facilitating investment and financing international trade.. It is the consolidation of coordinated work (even if informally) of different Multilateral Agreements, Central Banks and Intergovernmental Organizations. Among the ...

The paralysis of the WTO or the end of the world economic order that we know

18Dec

By Jonas RamaNo Comments

Americas, Saudi Arabia, world Bank, Brazil, China, U.S, Studies, Europe, IMF, France, GATT, OIC, OMC, International Organizations, Russia

The paralysis of the WTO or the end of the world economic order that we know

WTO building, in Geneva The recent and profound crisis of the World Trade Organization (OMC) is just the latest sign of the wasting of the world economic order. In opinion article recently published by the Washington Post, the professor in international politics Daniel Drezner foresees the end of the liberal economic order as we know it.[i] In fact, there are indications that the world economy is entering a new (of)order protection-based economic. It is not just the end of liberalism as reasoned by Prof. Drezner, we also run the risk of reaching the end of the principle of economic cooperation. The world economic order we know was forged by iron and fire at the end of World War II and expanded since the end of the cold war. Launched in the West by...