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Guide to Some of the Key International
Institutions Here is a list of
useful links to the official web sites of some of
the key international institutions involved in
the liberation of trade. We also provide a brief
description of how these institutions see their
roles. You may go further by exploring how your
country is related with them, for example, is
your country a member of these institutions? Is
your country receiving assistance from or giving
support from any of them?
Asia-Pacific
Economic Cooperation (APEC)
was established in response to the
growing interdependence among Asia-Pacific
economies. It works towards the goal of advancing
Asia-Pacific economic dynamism and sense of
community through promoting open trade and
economic cooperation among its members.
Asian
Development Bank (ADB)
aims at improving the welfare of
the people in Asia and the Pacific through
providing loans and technical assistance to
governments for specific, high-priority
development projects and programs. Since 1999 it
has been focusing on poverty elimination in the
region, through activities to promote economic
growth, develop human resources, improve the
status of women, and protect the environment. Its
other key development objectives, such as law and
policy reform, regional cooperation, private-sector
development, and social development, also serve
this main goal.
International
Monetary Fund (IMF)
is responsible for ensuring the
stability of the international financial system.
Through surveillance, financial assistance, and
technical assistance, it aims to promote
international monetary cooperation, exchange
stability, and orderly exchange arrangements;
foster economic growth and high levels of
employment; provide temporary financial
assistance to countries to help ease balance of
payments adjustment.
Organisation for
Economic Co-operation and Development (OECD)
is intended to help governments, who share a
commitment to pluralistic democracy and market
economy, to tackle the economic, social and
governance challenges of a globalised economy.
Its work covers economic and social issues from
macroeconomics, to education, development,
science and innovation. Based on policy research
and analysis, it provides a setting for
reflection and discussion that helps governments
shape policy, which may lead to formal agreements
among member governments, or be acted on in
domestic or other international fora.
World Bank (WB)
is one of the world's largest
sources of development assistance. Through its
loans, policy advice and technical assistance, it
supports a broad range of programs aimed at
reducing poverty and improving living standards
in the developing world. Its programs give high
priority to sustainable, social, and human
development and strengthened economic management,
with a growing emphasis on inclusion, governance
and institution-building. The Bank seeks to help
countries to strengthen and sustain the
fundamental conditions they need to attract and
retain private investment.
World Trade
Organisation (WTO)
is the only global organisation dealing with the
rules of trade between nations. At the heart of
its multilateral trading system are the WTO
agreements, which are negotiated and signed by
the majority of the worlds trading nations,
and ratified in their parliaments. Its goal is to
help producers of goods and services, exporters,
and importers conduct their business by ensuring
that trade flows as smoothly, predictably and
freely as possible.
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