Monday, May 20, 2019

Intergovernmental Organisations Essay

a) Explain how membership of intergovernmental organisations stools some countries political and economic power. (10)Being a member of intergovernmental organisations does give some countries political and economic power. Like figure 4 projects, the USA is post of umteen intergovernmental organisations and they render the status of a superpower showing there ar clear benefits of being a infract of IGOs. However, some may argue that countries such as China and India are rising in some(prenominal) political and economic power yet like figure 4 shows, they are barely part of the leading IGOs. Therefore, membership of intergovernmental organisations does give some countries political and economic benefits but there is evidence to show that not being apart of an IGO still relinquishs for development in a countries wealth and political stance.Economically, being a part of the World Trade Organisation like many leading superpowers are (for example, the UK and the USA) does allow f or these leading countries to take on influence in trade decisions. This means that they can benefit economic decisions to lawsuit themselves. For example, the USA can exploit LDCs such as Bangladesh by taking more imports for a less expensive price. Furthermore, being a member of the International Monetary Fund means that countries have the voting power to influence the economic policies of other countries.Thus these countries can create friendly policies towards TNCs that are based in their own country, greatly benefiting their own wealth. Additionally, being apart of the EU and NATO in which many of the countries that are part of many IGOs are part of have trade blocs which can cater for the auspices of key markets and still help intraregional trade. Therefore it does seem that economic power of a country does mend with the help of being a part of IGOs such as the World Trade Organisation.

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