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Q: What roles do the imf and wto play in globalization?
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Wto is part of IMF UNO GATT?

actually GATT is a part of WTO and WTO is a body under UNO


What is the full form of wto and imf and why these agensies are fomd?

The full form of WTO is World Trade Organisation & the full form of IMF is International monetary fund


Do International organizations play a positive role in the global system explain?

I think your question needs to be a little more specific. International Organizations can be broken down into NGO's (non-profits and international corporations), IGO's (sovereign states, UN, WTO). A positive and/or a negative role will depend on who's asking. I grew up in Brazil and back then the IMF was a villain, ask an American and the answer wil be the opposite. The same goes for the UN, the WTO or Coca-Cola. They do play a positive role but they also have negative roles. What specifically are you looking for?


What is the relationship between WTO and globalization?

World Trade Organization, based in Geneva, Switzerland. It primarily deals with the rules of trade and commerce between two countries. Structure - Made of 2 entities: 1. WTO agreements, framed, negotiated and agreed to by most of the countries of the world. 2. WTO is also a forum where countries can negotiate these agreements, settle disputes arising from agreements and help other countries join the negotiations. It was formed in 1995.


An open rule based predictable and non discriminatory global trading and financial is a chimera?

An open rule based non discriminatory global trading and financial is chimera? Today the international institutions such as World Bank, IMF and WTO are playing very greedily to serve the self interest. Every meeting of world bank ,IMF and WTO has become a scene of turmoil and conflict. Then what do u think of the global trade ….when the team is pressurized then how can it win the game no way ….As the above international institutions are fully controlled by US. As US contribute 26% of usable resources to IMF. And also having the maximum voting right as the voting rights are also given as per quota contributed by a country. Ever the most conservative politicians such as France's president Jacques Chirac has argued that the globalization is not doing good for the nations who are in much need of promised benefits. What happen when Canada complained to WTO about the fiancés ban of asbestos .neither the victim`s view were discussed in the WTO nor they were made the part of any debate. Today 3 billion people in the world , live only at $2 per day..If this is what the globalization and these financial institutions are giving us then we really don't need the globalization. What happened in east Asia crisis the deal of capital account liberalization was imposed on those countries even they don't need it.. Why these international institutions such as IMF have even does not recognize any right of the citizen to check for the working of these institutions. Why these institutions have no accountability…. At last the only thing I would say that "the problem is not that the people doesnot know anything but the problem is that what the people know is not true." By:- Komal Gaba (IIPM)


Open rule based non-discriminatory pridictable trading and financial system is chimera?

An open rule based non discriminatory global trading and financial is chimera? Today the international institutions such as World Bank, IMF and WTO are playing very greedily to serve the self interest. Every meeting of world bank ,IMF and WTO has become a scene of turmoil and conflict. Then what do u think of the global trade ….when the team is pressurized then how can it win the game no way ….As the above international institutions are fully controlled by US. As US contribute 26% of usable resources to IMF. And also having the maximum voting right as the voting rights are also given as per quota contributed by a country. Ever the most conservative politicians such as France's president Jacques Chirac has argued that the globalization is not doing good for the nations who are in much need of promised benefits. What happen when Canada complained to WTO about the fiancés ban of asbestos .neither the victim`s view were discussed in the WTO nor they were made the part of any debate. Today 3 billion people in the world , live only at $2 per day..If this is what the globalization and these financial institutions are giving us then we really don't need the globalization. What happened in east Asia crisis the deal of capital account liberalization was imposed on those countries even they don't need it.. Why these international institutions such as IMF have even does not recognize any right of the citizen to check for the working of these institutions. Why these institutions have no accountability…. At last the only thing I would say that "the problem is not that the people doesnot know anything but the problem is that what the people know is not true." (July 2008) Komal Gaba-- contact:- mr.komalgaba@yahoo.com


What are the features of wto?

1.It is an international organisation to promote multilateral trade. 2.It has replaced GATT. 3.It promotes free trade by removing tariff and non-tariff barriers in international trade. 4.It includes trade in goods,trade in services,protection of intellectual property rights,foreign investment,etc. 5.All the WTO members have equal voting rights (One Country,One Vote). 6.WTO has a large Secretariat and huge organisational set up. 7.Unlike International Monetary Fund (IMF) and the World Bank , WTO is not an agent of United Nations.


What is scope of wto?

the WTO has no scope... lol


Comments on wto and its function?

Function for WTO


What is a typical Marxist's view on the WTO?

The World Trade Organization seeks to develop trade between countries. One consequence of globalization is the exploitation of developing countries' resources and labor, which a Marxist would certainly be opposed to.


How are MNCs and the WTO similar?

MNCs (multinational corporations) and the WTO (World Trade Organization) are similar in that they both operate across borders. MNCs engage in business activities in multiple countries, while the WTO is an international organization that promotes and regulates global trade. Both MNCs and the WTO play a significant role in facilitating the movement of goods, services, and investments on a global scale.


-With which Trips and trims are related to WTO or IBRD?

wto