Zusammenfassung der Ressource
Global institutions reinforcing unequal power relations
- MEDC influence
- IMF & World Bank
- Based
- USA
- Led
- USA
- Other MEDC's
- LEDC's
- less influence
- decision making
- IMF and WB Loans
- type
- conditional
- LEDC's
- national changes required
- cutting regulation
- foreign trade
- Investment
- easier
- MEDC's/TNC's
- Profit from conditions
- LEDC's
- prevents LEDC's building own industries
- agriculture
- dollar bananas
- necessary to recieve loan
- Trade barriers
- WTO
- aims
- reduce trade barriers b/t countries
- problem
- HIC's
- kept trade barriers b/t countries
- reduce imports from LEDC's
- boost HIC economies
- disadvantage LEDC economies