about international economic institutions

2. To boost the economic
cooperation's among
countries
To help a quicker recovery of
the international economy.
Act as financial intermediary

3. 1. International Monetary Fund (IMF)
2. World Bank
3. Asian Development Bank (ADB)
4. United Nations Conference On Trade
And Tariff (UNCTAD)
5. World Trade Organisation (WTO)
6. The Multilateral Investment Guarantee
Agency (MIGA)
7. International Development Association
(IDA)
8. International Finance Corporation

5.  After the great depression in 1930’s
there was a need for an organisation to
create a system for exchange rate
stability
 The World Bank & International Monitory
Fund (IMF) were created after world war
 Need for reconstruction of Countries
economies affected by World War 2nd
& for the development of under
developed nations

7.  The united state treasury passed proposal in 1943
for its establishment
 The USA proposal is known as “white plan” & UK’s
proposal “keynes plan” become the basis for the
international monetary & financial conference at
Bretton woods in 1944
 44 nations in this conference.
 It came in to being to promote economic and
financial corporation among the member countries
with a view to facilitate the expansion & balanced
growth of world trade

8.  It was established to provide short term
assistance to correct the balance of
payments disequilibrium.
 Created in 1945, the IMF is governed by and
accountable to the 189 countries.
 It also known as “fund” (IMF)

10.  It is popularly known as world bank
 It was established to promote long-term
assistance for the reconstruction & development
of the economies of the member countries
 Established in 5th December 1944
 Reconstruction of week countries.

11.  Type : Development finance institution
 Purpose :Development assistance, Poverty
reduction
 Headquarters:Washington,D.C.,United
States
 Membership :189 countries
 President of the World Bank: Jim Yong Kim
 Parent organization :World Bank

13.  Established on 22 august 1966 to facilitate
economic development of country’s in Asia
 Member country’s : 67
 Aim : an Asia and pacific free from poverty
 Headquartered at Manila, Philippines.
 From 31 members at its establishment in 1966, ADB
has grown to encompass 67 members - of which 48
are from within Asia and the Pacific and 19 outside.

15.  IDA was established in 1960 as an
affiliate of the World Bank
 It was established primarily to
provide finance to less developed
member countries on a soft loan
basis
 It has 173 share holder nations.

17.  IFC was established in July 1956
 To provide finance to private sector in developing
countries
 It is affiliated of the World bank ,but it has
separate legal entity funds & association .
 It has 187 members
 Aim : growth of productive private enterprises.

19.  Established in 1964 , Geneva.
 Promote the development - friendly
integration of developing countries in to
the world economy
 Aims: to help shape current policy
debates & thinking on development, with
a particular focus on ensuring that
domestic policies & international actions
are mutually supportive in bringing about
sustainable development
 Membership -194

21.  Established in April 1988
 It was established to supplement the
function of world bank & IFC
 Type: Development finance institution
 Headquarters: Washington, D.C.
 Membership: 181 countries
 Executive Vice President: Keiko Honda
 Parent organization World Bank Group .

23.  In 1947 the General Agreement On
Tariff & Trade (GATT) was formed
 In 1995 the WTO replaced the GATT
 Has 164 members
 Located in Geneva
 Aim: to improve the welfare of the
member countries by lowering trade
barriers

24. YEAR NO.OF MEMBERS HEADQUARTERED
1945 189 Washington D.C
WORLD BANK 1944 189 Washington D.C
ADB 1966 67 Manila
UNCTAD 1964 194 Geneva
WTO 1995 164 Geneva
MIGA 1988 181 Washington D.C
IDA 1960 173 Washington D.C
IFC 1956 187 Washington D.C

26.  International Business Text & Cases ;P.Subba
Rao;3rd Revised & Enlarged Edition;page
No;420-442
 International Business ;Dr.A.J.George ,Anish
Thomas ;C.S.S M.Com Semester III MGU;page
no:118-143
 International business ; K Aswathappa; page
no:409