PSY 145 Chapter Notes - Chapter 4: Psych
Document Summary
Fatal flaws: the real question is, has the initial dream been faltering, but did the international community look for smaller solutions, of special interest are two elements of the 50-year history of the institutions in. First, the imf and the world bank are no longer globalized governance organizations. These are mainly bodies for policing the developing world. In reality, no real global strategic, political, and financial management organizations exist today (the world trade organization may be an exception) Isn"t it fair for the imf to call a money manager with impact only on developed countries "monetary policy, which accounts for about 10 percent of global liquidity, an international monetary fund. When global interdependence has grown, globalized governance structures have weakened. But do we need them to be genuine globally regulated institutions. Some criticism of such institutions by the progressive third world lobbies stems from a belief that the developed countries are completely outside of the bretton.
