WEEK 7 Flashcards
(26 cards)
- are groups and organizations which operate outside the support of any state or government
- referred to be ‘stateless’
Non State Institutions
a financial institution licensed to provide several financial services to different types of customers
Banks and Corporation Banks
- is a type of bank that focuses on consumers or the general public as its customers.
- One’s personal bank account, like checking and savings account, are usually in a retail bank.
retail bank
also provides the same services as a retail bank; however, it focuses on businesses and businessmen as its main customers.
commercial bank
provides medium and long-term loans and deposits to business industries
industrial bank
cater to the financial needs of farmers and the farming industry
Agricultural banks
biggest banks in the world
it aims to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.
International Monetary Fund (IMF)
biggest banks in the world
as a facilitator of post war reconstruction. Today, it advocates the development of worldwide poverty alleviation, in coordination with other affiliate groups
World Bank
biggest banks in the world
was founded in 1995 to replace the General Agreement on Tariffs and Trade (GATT), and to deal with the rules of trade among nations
World Trade Organization (WTO)
- an organization, created by a group of people known as shareholders, which is legally recognized to act as a single person in carrying out certain goals and objectives
- also known as ‘legal person’
Corporations
is created to operate and to generate profit.
Business corporation
is established with a purpose of serving the public rather than pursuing profits.
Non-profit corporation
are associations which provide services on a nonprofit basis to its members
Cooperatives
provides financial services to its members, including securing savings and creating funds to be used for issuing loans.
Credit cooperative
oncentrates on helping workers in the service oriented occupations (i.e. health care, transportation, labor) by creating employment opportunities and other benefits to its members.
Service cooperative (or a worker cooperative)
is an organization with a membership composed of workers or employees from related fields, which aims to represent
Trade union or labor union
represents workers with a range of jobs and skills, from different industries and companies
General union
are composed of workers from one particular industry, across different levels of the hierarchy
Industrial unions
seeks to represent skilled workers doing the same work who may be employed in different industries
Craft union
is composed of professionals doing similar jobs across different industries
White-collar union
- as a collection of actors (individuals or groups) characterized by their fluid and open relations with each other, united by their commitment to work on and defend certain issues and causes that are relevant across several nations
- This are also referred to as “transnational advocacy networks”
Transnational Advocacy Groups
was founded in 1945; the international organization was established to rebuild peace after World War II.
United Nations
is a specialized agency of UN for the purpose of promoting peace and security through international partnership in education, science and culture so that there will be a world with justice, rule of law, human rights among others.
United Nations Educational, Scientific, and Cultural Organization (UNESCO)
it is a development agency that aims to eradicate poverty and to reduce inequalities and social exclusion on the developing countries.
United Nations Development Program (UNDP)
