Thursday, September 4, 2014

World Policies

1. World Bank (WB)
The World Bank is a United Nations international financial institution that provides loans to developing countries for capital programs.
The World Bank was created at 1944 Bretton Woods Conference.
Millennium Development Goals:
1. Eradicate extreme Poverty and Hunger
2.Achieve Universal Primary Education
3.Promote Gender Equality
4.Reduce Child Morality
5.Improve Maternal Health
6.Combat HIV/AIDS, Malaria, and Other Diseases
7.Ensure Environment Sustainability
8.Develop a Global Partnership for Development
One of the problem that WB is aiming to solve is energy generation requires water to produce energy.
Why Does The Energy Sector Need Water?

Here are the reasons and graphical demonstration:


Energy section requires water to produce energy. By 2035, the world's consumption of energy would increase by 35%. This would lead to the water consumption by 80% more and the withdrawal of water by 20% more. Water is a resource that producing energy requires. To main the viability of energy to the world, we need to invest more water resources to energy producing to harmonize them.

2. International Monetary Fund (IMF)


It is an international organization that was started at the 1944 Bretton Woods Conference but it was officially created in 1945 by 29 members countries. The IMF's goal was to reconstruct the world's international payment system-post World War II.

Stabilizing Ukraine's Economy

Ukraine's internal conflict is all over the news, and surely it would affect their economy. The political tension and separation would lead the economy in to a downfall. IMF is there to assist Ukraine in maintaining their economy. A program is established to aid them. They have received till now 4.6 billion. There are many uncertainty about the program since the conflict might affect it, but IMF is making sure that Ukraine would still receive support from them as much as IMF can.

A country's economy is a vital key to that country's survival. A country would go bankrupt if they are not careful. Especially with the situation that Ukraine is facing, it is crucial that we support them, a country in dire need.
































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