Globalization Of International Organizations Essay

Introduction
International organizations are considered as important actors in international relations especially after the Second World War when the damage of the war was more grim compared to the first. Organizations like the United Nations, League of Nations which failed in the wake of the Second World War are some of the main international organizations. International trade is more than the movement of goods and services across international borders. Globalization can be defined as the process of an increased relationship between national economies through international trade, foreign direct investments by multinational firms, and international financial investments (Pugel, 2004).
The World Bank defines inequality as the disparity of income and standard of living among nations and their citizens (Birdsall, 2002). To compare inequality among nations, incomes and living standards of their citizens should be reviewed. The World Bank has determined that people living on $1 per day in developing countries and people living

Given that they are the main sponsors of these organizations then they are most definitely prioritized by the organizations. International monitory fund is a very good example of the nexus between main sponsorship and dominance of the organizations. Given that the U.S.A contributes more than any other country in the organization it is then given the privilege of having a weighted vote. This means that any decision made in the organization the U.S. has to give its consent for it to be implemented. This has seen the IMF make decisions in terms of policy making that only benefit a selected few states thus leaving the rest of the countries straggling for survival. In some instances this major contributors have delayed developments in the organizations due to their own domestic