1. “International institutions such as the IMF, G7 and the WTO have been instrumental in the development of em

Question

1. “International institutions such as the IMF, G7 and the WTO have been instrumental in the development of emerging economies around the world”.

Answer 1

yes true while they have helped many countries with their problems, some people may blindly have forgotten that while they have done all these "good deeds" the IMF and all these other organizations dint do it for free or the goodness of their heart but expect many things in return, such as control over the country's economy and politics and demand change to their social and cultural state. while at some times the changes may have resulted in many good things their are many times the changes have led to wars, ethic cleansing, genocides, deaths of millions, take sierra Leone for example, when the IMF demeaned that the farming be subsided the people had a uprising which evolved into a full out war resulting in a bloody war. so what many believe to be a act of good deed, it  most of the time is not, and should never be forgotten what these organizations have done to people in many countries.

Answer 2

Yes...The role of the IMF generally is to avert another collapse of the world economy similar to the Great Depression of the 1930s.

With respect to developing countries it provides loans to developing countries to assist them in developing their economies and in particular their export sectors. The goal is to assist the developing country to improve its foreign exchange earnings from trade. The IMF's philosophy is based on free trade and classical economic thinking. The IMF imposes certain conditions of lending so that it can be satisfied that the loans will meet the goal.  The World Trade Organization is basically an organization of the economically developed countries that provides standards for goods traded between countries. It was meant as a way that developing countries could trade with developed countries by agreeing to certain standards, like intellectual property rights, conformance to contracts, and the like. I don't know about small farmers per se, but farmers generally can sell their products world-wide provided that they meet standards of hygiene, quality, and so on. You might want to check out the WTO website .

G stands for Group, as in Group of 7. The 7 are the seven countries UK, United States, Germany, France, Italy, Canada and Japan. They have annual meetings about world wide issues which affect them. I think they are now sometimes joined by Russia for G8 meetings.

I hope you find this info helpful....

Answer 3

Problem is they never developed. Careless use of money resulted in The Great Depression in preceding times and could again. Times meaning Great Depression. Had another such organisation The U.N. lived up to reputation this would not have been a problem ever again. Were The U.N. instead of nukes used to deter people The U.S.A. fall back would be The U.N. was evil incarnate. Civil wars end where oil power switched to solar. Human Supremacist Attitudes require U.N. Once U.N. succesfull then answer is there.

Answer 4

Emerging economies of when? Korea, Germany and Japan were emerging economies once. Not quite 'emerging' now.

IMF is the international monetary fund. It's basically a bank for nations, with capability to assess the economical structure of individual nations. G7 refers to the meeting of finance ministers of the seven developed economies of the world, France, Germany, Italy, Japan, United Kingdom, United States of America and Canada. WTO is the world trade organization, which acts as a sort of regulator to provide forum for and ensure fair trade in the world (which doesn't really work out these days).

These international organizations had been instrumental in a lot of developing economies, such as China, India, Brazil, and Russia, and those nations keep in close contact with the trends of the aforementioned international organizations. However, the performance of the 3 organizations in helping developing economies of smaller nations without pre-established diplomatic presence had been anemic at best. Actually, IMF is often criticized for running some of the economies down into the ground, worse than their previous states if such a thing was possible.

The three international institutions are built around the philosophy of free market theory, though the one in practice now is rather different from the classical free market theory that began around the Britain during the Victorian era. It is somewhat ironic that while WTO, IMF and G7 promotes free trade and free market, the richest and the most powerful members of the institutions had been practicing some limited forms of protectionist economy, and the greatest failures of IMF interventions had been some of the most liberal economies of them all

Answer 5

NEW WORLD ORDER

Answer 6

IMF, G7 and WTO are instruments of the superpowers to exploit world economy.