The document discusses the external debts of countries like the Philippines and where they get huge loans from. It explains that non-state institutions like the World Bank and IMF provide monetary loans to different states. Other non-state institutions that link nations together include international organizations like the UN and its specialized agencies focused on development, education, culture, and humanitarian aid such as UNESCO, UNDP, and UNICEF. Membership in these institutions helps states access loans and support on issues confronting humanity.
The document discusses the external debts of countries like the Philippines and where they get huge loans from. It explains that non-state institutions like the World Bank and IMF provide monetary loans to different states. Other non-state institutions that link nations together include international organizations like the UN and its specialized agencies focused on development, education, culture, and humanitarian aid such as UNESCO, UNDP, and UNICEF. Membership in these institutions helps states access loans and support on issues confronting humanity.
The document discusses the external debts of countries like the Philippines and where they get huge loans from. It explains that non-state institutions like the World Bank and IMF provide monetary loans to different states. Other non-state institutions that link nations together include international organizations like the UN and its specialized agencies focused on development, education, culture, and humanitarian aid such as UNESCO, UNDP, and UNICEF. Membership in these institutions helps states access loans and support on issues confronting humanity.
The document discusses the external debts of countries like the Philippines and where they get huge loans from. It explains that non-state institutions like the World Bank and IMF provide monetary loans to different states. Other non-state institutions that link nations together include international organizations like the UN and its specialized agencies focused on development, education, culture, and humanitarian aid such as UNESCO, UNDP, and UNICEF. Membership in these institutions helps states access loans and support on issues confronting humanity.
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Mr. Karl Irvin M.
Baguio, RN, LPT
All states in the world have debts. These debts may be classified into external or public. Philippines is one debtor.
In 2013, the external debt of the Philippines
dropped from more or less USD 70 billion to USD 67 billion. However, In 2014 up to early 2016, the countrys external debt once again rose and even reached almost USD 78 billion (World Bank, 2013;2016). The question is, where did the Philippines get all that debt? Who lends to the states, not just to the Philippines alone, that huge amount of money?
Since there are a large number of states in
the world, some force/s are needed to link these states together. These institutions participate in international relations without needing to belong to an established institution or state. These entities are called non-state institutions. The World Bank and the International Monetary Fund, which provide the different sates monetary loans, are example of non-state institutions. Aside from banks, multinational corporations, and trade unions, there are other groups of non- state institutions that play key roles in societal formation. They are the international and transitional organizations.
International organizations are institutions that
aim to unite different states toward a common good.
Transitional organization Institutions that
transcends boundaries and states to bring together people and groups of different culture for a specific goal. Perhaps one of the most influential groups of non-state institutions is the development agencies. These are organizations which provide development assistance between national and international institutions. Usually, these are the links that bind different states together. In 1945, the international organizations United Nations (UN) was established to rebuild peace after WWII. The war brought forth the birth of non state institutions that link nations together. Currently UN composed of 193 member states, the UN takes action on issues confronting humanity, such as peace and security, climate change, sustainable development, human rights, disarmament, terrorism, humanitarian and health emergencies, gender equality, governance, food production and more. The Philippines is one of the first 55 states to become ,a member of the organization in 1945. Through General Assembly, a forum or dialog among the members of the state, the UN gives its members the freedom to express their concerns and view regarding all sorts of issues that affect them. The UN is the primary common ground and governing body of most sovereign states in the world, and is comprised of more than 40 specialized agencies and programmes. The most powerful non state institutions in the world exist under or with the help of its command. Programmes are financed through voluntary distributions. Specialized agencies run independently, funded by both voluntary and assessed contributions. Development agencies under UN. The UNESCO is a specialized agency of the UN for the purpose of promoting peace and security through international partnership in education, science, culture so that there will be a world with justice, rule of law, human rights among others. The UNESCO firmly believes that peace must be established on the basis of humanitys moral and intellectual solidarity.
Five major programs of UNESCO :
Education Natural sciences Social and human sciences Culture Communications and information The UNDP is the United Nations development agency that aims to eradicate poverty and to reduce inequalities and social exclusion in the developing countries.
UNDP focused on helping countries build and
share effective solutions in three areas: Sustainable development Democratic governance Climate and disaster resilience THE UNICEF is an intergovernmental organization that provides humanitarian and developmental assistance and support to young people in developing countries. It was founded December 11, 1946 by the UN General Assembly to provide emergency needs like food and healthcare to the children who were drastically affected by WWII. What is the significance of WB and IMF to the different states of the world? Do you think a state can survive without joining the said institutions?