GEOG 130 Lecture Notes - Lecture 14: Bretton Woods, New Hampshire, Paul Wolfowitz, Multilateral Trade Negotiations
15 Nov 2016
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Document Summary
World trade organization (formerly gatt and now wto): was established in 1948 when the general agreement on tariffs and trade (gatt)was ratified by 23 countries: 2. The world bank group includes four key international institutions in development: . Bank for reconstruction and development (irbd), 1944: the international development association (ida), 1960, the international finance corporation (ifc), 1956. Multilateral investment guarantee agency (miga), 1988: international monetary fund (imf): the imf was established, along with the. International bank for reconstruction and development, at the un monetary and. Financial conference held in 1944 at bretton woods, new hampshire: united nations (un) was signed in 1945 by 51 countries and by 2003 it had 191 members. *** is synonymous with the idea of trade, globalization, opening markets, capitalism*** The origin of the wto goes back to 1948 when the general agreement on tariffs and. In 2015, 162 countries belong to the wto. Similar to the imf it ranks its members most favored nation status.
