To what extent do organizations like the IMF, WTO, and World Bank challenge the nation state’s ability to shape domestic economic and social policy?
Over the years, the roles and responsibilities of international organizations have been affected seriously by national, regional and global events, as well as the defining and changing features of globalization. On the one hand, their roles in international affairs first, after the Second World War in the 1940s and secondly after the cold war in the 1990s have increased significantly as globalization ...view middle of the document...
International economic institutions now address issues which were previously dealt with at the level of national government. In other words, decisions and policies taken at the international level are increasingly affecting groups and people within states. Where previously these people could hold their national governments to account
for policies, they must now look to international institutions where the decisions are being made.
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