GLOBAL INSTITUTIONS

Intergovermmental organization that aims to maintain international peace and segurity

Its main function is maintain the international peace and security

The precursor to the United Nations was the League of Nations, conceived during the First World. The League of Nations was established in 1919 under the Treaty of Versailles

It was founded on October 24, 1945

International financial institution

Its main function is offers developmental assistance to middle-income and low-income countries

Its initial origin was to help rebuild European countries devastated by world war 2

was founded on July 1944

Organization for Economic Coperation and Development

Its main function is promote policies that will improve the economic and social well-being of people around the world

Its origin was run the US- financed Marshall Plan for reconstruction of a continent ravaged by war

was founded in 1948

Intergovernmental organization that is concerned with the regulation of international trade between nations

Its main function is operate a system of trade rules

Under the Marrakesh Agreement, signed by 123 nations on 15 April 1994, replacing the General Agreement on Tariffs and Trade (GATT)

was founded on January 1, 1995 in Switzerland

The International Monetary Fund is an international organization that provides financial assistance and advice to member countries.

The IMF’s main goal is to ensure the stability of the international monetary and financial system

The IMF was originally created as part of the Bretton Woods Agreement, which attempted to encourage international financial cooperation by introducing a system of convertible currencies at fixed exchange rates

Was founded on decembre 27,1945