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International
Relations-PSC 201
VU
LESSON
29
INTERNATIONAL
ORGANIZATIONS (CONTINUED)
Organization
for Islamic
Conferences
The
OIC is a limited membership
and general purpose IGO.
The OIC is an inter-governmental
organization
with a Permanent Delegation to the UN.
OIC groups 57 mostly Islamic nations in
Middle
East,
North and West Africa,
Central Asia, Southeast and
South Asia.
The
OIC is dedicated to serving the
interests of the world's 1.3 billion
Muslims. The OIC was set up
in
Rabat,
Morocco in 1969 in reaction to an arson
attack against the Al-Aqsa Mosque
earlier in the same
year.
The
primary goals of the OIC
are:
-
To
promote solidarity among all
member states;
-
To
consolidate cooperation among member
states in economic, social, cultural,
scientific,
and
other fields of activity;
-
To
endeavor to eliminate racial segregation
and discrimination
-
To
oppose colonialism in all its
forms;
-
To
support the Palestinian people in their
struggle to regain their
national rights and to
return
to their homeland;
-
To
support all Muslim people in
their struggle to safeguard
their dignity,
independence
and
national rights
European
Union
EU
is a limited membership and
general purpose IGO. The
European Union or EU is a
supranational
organization
of European countries, which currently
has 25 members. The Union
was established in
1992.
However,
many aspects of the EU existed before
that date through a series
of predecessor organizations,
dating
back to the 1950s.
The
European Union's activities cover all
policy areas, from health
and economic policy to
foreign affairs
and
defense.
A key
activity of the EU is the establishment
and administration of a common single
market,
including
a customs union and a single
currency (adopted by 12 of the 25 member
states), a common
agricultural
and fisheries policy.
In
2004, European heads of state
signed a treaty establishing the first
constitution for the European
Union,
which
is currently awaiting ratification by its
member states.
World
Bank
World
Bank is a general membership and
limited purpose IGO. The
International Bank for
Reconstruction
and
Development, better known as the World
Bank, It came into existence on
1945 following
international
ratification
of the agreements reached at the Bretton
Woods Conference.
World
Bank is an international organization whose
original mission was to finance the
reconstruction of
nations
devastated by WWII. World Bank operations
are maintained through payments as
regulated by
member
states. The World Bank's
activities are currently focused on
developing countries, to which
the
World
Bank provides loans at preferential rates to
finance development.
The
Role of MNCs in IR
A
multinational corporation (MNC) or
transnational corporation (TNC) is one
that spans multiple
nations;
these
corporations are often very large.
Most MNCs have offices
and/or factories in different
countries.
They
usually have a centralized
head office where they coordinate global
management.
Large
multinationals have budgets that
exceeding those of many
countries. Multinationals often
make use of
subcontractors
to produce certain goods for
them. They produce employment
and bring in investment to
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International
Relations-PSC 201
VU
poor
countries. They can also
take away more wealth than
they leave behind and influence global
and local
politics
to ensure their own
interests.
Worldwide
Fund for Nature
WWF
is a private international NGO with
operations in countries. The WWF is a
global organization,
which
acts locally through a network of
country offices to halt the accelerating
destruction of the natural
environment.
It is funded by both bilateral and
multilateral agencies.
Relevant
Vocabulary
Ratification:
endorsement
Halt:
stop
or prevent
Discrimination:
unfair
difference in behavior towards different
people
Suggested
Readings
Students
are advised to read the
following chapters to develop a better understanding
of the various
principals
highlighted in this hand-out:
Chapter
12 in `"A Study of International
Relations" by Dr. Sultan
Khan
Internet
Resources
In
addition to reading from the
textbook, please visit the
following web-pages for this
lecture, which
provide
useful and interesting
information:
Official
World Bank website
www.worldbank.org
Official
WWF website
www.panda.org
Official
OIC website
www.oic-oic.org