The IMF, World Bank, and WTO and Prospects for Global Economic Cooperation
Global economic cooperation has waned in recent years and the Bretton Woods institutions that it introduced after World War II—the International Monetary Fund, World Bank, and the World Trade Organization—are being challenged by regional agreements and alternative economic ideologies. This course will clarify the differences between the IMF, World Bank, and WTO and how each seeks to advance global prosperity in its own way; discuss how these international institutions have evolved and shaped the global economy; and assess the implications of declining multilateral economic cooperation for their future. It will conclude by discussing if and how the IMF, World Bank, and WTO can help revive international economic cooperation to promote stronger, sustainable, and equitable economic growth.
You'll Walk Away with
- An examination of the roles of the IMF, World Bank, and World Trade Organization in the global economy
- An understanding of how these institutions have shaped the global economy and what the implications are of the decline in multilateral economic cooperation
- Students interested in a greater understanding of global economy
- Professionals seeking careers in development, economics, or at the UN and its related agencies