BUSI 2701 Lecture Notes - World Intellectual Property Organization, Gross National Income, Product Liability
5 Mar 2014
School
Department
Course
Professor
Document Summary
Or are they both still legitimate: the erosion of national identity with a branded consumer product. Help manage and regulate the global marketplace. Promote the establishment of multinational treaties to govern the global business system. Created in 1944 to maintain order in the international monetary system through: global monetary cooperation, secure financial stability through exchange rates, facilitate international trade, promote high employment and sustainable economic growth, reduce poverty. Biggest challenges: loans come with strings attached, in return for loans countries must adopt certain policies (meant to helpy them get back to growth, strings are debateable, cut gov"t social spending. A group comprised of: ibrd (international bank of reconstruction and development) Lends to gov"t of middle income and creditworthy low income: ida (international development association) Interest free loans called credits and grants to the poorest of countries: ifc (international finance corporation) Provides loans, equity and tech assistance to stimulate pvt sector in developing countries: miga (multilateral investment guarantee agency)
