In the fast changing world where number of countries have increased by three times in past half a century, is there still a relevance for global institutions like World Trade Organization, World Bank and International Monetary fund etc?
May be there is because now World Trade Organization has to regulate business among more countries and for International Monetary Fund and World Bank, they need to help and support processes for newly created economies finding their way to grow in an interlinked Global economy.
The advent of IT, increased speed of business, and Global connectivity has ma
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