Essay on Institutions that collaborate with the US

Essay on Institutions that collaborate with the US

Length: 2143 words (6.1 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

America has had a long history of providing aid to countries in need, advancing development and promoting democracy all over the world; while often working with international financial institutions to achieve these various goals. Institutions that frequently collaborate with the United States are the International Monetary Fund (IMF), the World Bank and the International Bank for Reconstruction and Development (IBRD), all of which have long played an integral part in international development goals over the past 60 years. The way in which assistance was distributed greatly changed during the 1940s after WWII and continues to be a major force in international relations today. These institutions were created to specifically aid economic growth, but when implementing the numerous policies these organizations have not always been entirely successful.
Many blame Latin America’s large economic problems of the past 20 years on the different economic development models and especially the Washington Consensus. Before examining the Washington Consensus and its effects on Argentina and Bolivia, it is important to understand how these organizations began and what the primary objectives were in this region at that time. By observing these origins one is able to see why policies such as the Washington Consensus were eventually adapted. The Bretton Woods Conference was the birthplace of the international financial organizations that would eventually become responsible for international aid and development. The Bretton Woods conference is where the U.S. and international community finally created these influential financial institutions after several failed attempts.

The Bretton Woods Conference
The Bretton Woods conference, which was held...


... middle of paper ...


...iving force behind the failed economic policy the Washington Consensus. What began after the failure of the IAB in Bretton Woods, New Hampshire have today become the long lasting international aid and development monetary agencies. By understanding how these organizations began and how their policies work one is better to understand why such policies were enforced. The strict and inflexible natures of many of the policies have limited states ability to grow and strengthen at their own pace. In the case of Argentina the events that occurred 1980s obviously due to economic conditions that were not exactly appropriate. As such, the IMF, World Bank, IBRD and U.S. Treasury all worked together to promote a blanket policy in a region that called for more individual attention. The next chapter will discuss the Washington Consensus policy formation, goals and criticisms.


Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay on International Financial Institutions

- America has had a long history of aiding countries in need, advancing development and promoting democracy all over the world often working with international financial institutions to achieve these various goals. Institutions that collaborate with the U.S. such as the International Monetary Fund (IMF), the World Bank and the International Bank for Reconstruction and Development (IBRD) have long played an integral part in international development goals over the past 60 years. The way in which assistance was distributed greatly changed during the 1940s after WWII and continues to be a major force in internationals relations....   [tags: Finance]

Strong Essays
2244 words (6.4 pages)

Information and Communication Technology in Educational Institutions Essay

- ICT stands for Information and communication technology. In educational institutions, ICT's are a range of tools meant for the purpose to aid teachers and learners in all areas of the curriculum. ICT, if used correctly, attempts to improve achievement, motivation and thinking across all subjects when used as learning tools. ICT enables the student to represent and construct their own understanding from the vast amounts of information that is available to them. Students would incorporate ICT to reflect, inquire, manage and access information to create ideas and evaluations that could be communicated with others....   [tags: learning, environment, classroom]

Strong Essays
997 words (2.8 pages)

Essay on Technological Pedagogies in Teacher Education Institutions of India

- Introduction Today’s world is a competitive and globalized world. All the organizations in various sectors: business, education, healthcare, banking and finance and others are influenced by the rapid pace of technological developments and innovations. The education sector, where student-centric learning is the core aspect to be taken in to consideration, is highly influenced by technology. The evolution of education and its future has been tackled from various perspectives varying from technology enhanced learning and personal digital spaces, schools reforms and revision of curricula, amongst many others....   [tags: innovations, communication]

Strong Essays
966 words (2.8 pages)

Chilean budgeting system: Review of institutional mechanisms and institutions

- In this essay I will describe the main characteristics of the political and institutional context of Chile and its budget system, trying to identify some relations with the most important budget theories reviewed in the lectures. In the next place, I will recognise which of the institutional reforms advocated by Blöndal (2003) have been implemented in the country, and which have not. Finally, I will present some conclusions. General context Chile is a democratic presidential republic with a multi-party system that, in practice, is a two-party one due to the electoral arrangement....   [tags: Politics, Institution, Budgent System]

Strong Essays
1483 words (4.2 pages)

Essay on Institutions And Their Influence On The Self And Social Identity

- Institutions and their influence in the self and social identity Social institutions, like educational and religious groups, enhance rule obedience and contribute to the formation of identity and sense of belonging to certain groups. People possess a set of beliefs that condition their everyday behavior, like one can think that education is the most important four our future, while other people might believe that staying at home and raising their children is their reality. However, our beliefs are influenced by the groups that we interact....   [tags: Sociology, Religion, Society, Institution]

Strong Essays
1028 words (2.9 pages)

How Social Interactions Help Create Institutions Essay

- Social interactions help create institutions, and therefore shape political attitudes. Social institutions are typically perceived as the basis of social organizations. Organizations bring people together and orchestrate a feeling of connectedness. Media, church, art, educational places and the way in which they are engaged in help shape the political world today. Social interactions allow a foundation for institutions to be built upon, and attitudes to be formed. The construction and modification of political attitudes and beliefs transmit to political behavior....   [tags: Sociology, Behavior, Mind, Institution]

Strong Essays
1638 words (4.7 pages)

Healthcare Institutions and Organizational Dynamics Essay

- Main Discussion Post: The purpose of this week’s discussion is to reflect on our own organizations and describe it organizational structure including location, size, degree of integration, type of care provided, health needs in communities served, availability of providers, and managed care penetration. Next I will identify an element of organizational development from which my organization would benefit. Finally I will describe what actions I would take to implement the organizational element and anticipated results....   [tags: Organizational Issues]

Strong Essays
865 words (2.5 pages)

Functionalist Theory Of Social Institution Essays

- 1. Social institution is the standard or usual way that a society meets its basic needs, how it vitally affects your life. Functionalist first priority is to survive in the book there are a few functional requisites that each society must meet to survive. Replacing members so society can continue to thrive and exist, they do this by teaching a child at a young age what it means to be a member in the group the child was born into; showing them the group’s basic expectations. Another would be producing and distributing good and services, they must be able to produce the basic resources for example food, clothes and an education they see everyone working together to meet the needs of a human be...   [tags: Sociology, Psychology, Institution]

Strong Essays
1114 words (3.2 pages)

Essay about A Short Note On Co Parenting Is The People Who Team Up Or Collaborate?

- Rhonda is originally from Chicago, Illinois she moved to Gulfport, Mississippi in 1996 to raise her children in a better environment. James is originally from Gulfport, Mississippi, he has lived here all of his life. They both have children but their children are grown, and have children of their own. Rhonda is the Assistant Court Administrator and Chief Deputy Clerk at Harrison County Youth Court and James is a retired truck driver. Rhonda has a bachelor’s degree in accounting and James highest level of education is his high school diploma and 1 ½ years of college, they are considered your average middle-class couple....   [tags: Family, Marriage, Family therapy, Mother]

Strong Essays
832 words (2.4 pages)

The Theory Of A Social Institution Essay

- Interacting with others, in the context of a social institution, is a common phenomenon that takes place every day. Through this socialization, members within society interact and learn about what is expected of them. These social expectations are most commonly communicated through socialization agents, such as the family, media, peers, and religion. To start, the family is one of the social institutions that each individual is born into. By interacting with parents, and maybe even brother and sisters, a baby begins to understand what behavior is and is not normal and expectable....   [tags: Sociology, Institution, Cohort study, Divorce]

Strong Essays
1192 words (3.4 pages)