Global Governance Economic
Across
- 3. Organisation that sets global trade rules and settles trade disputes between members
- 6. Economic principle promoted by the WTO that aims to reduce barriers such as tariffs
- 8. Set of economic ideas emphasising free markets, privatisation and limited government intervention, often associated with IMF/World Bank policies
- 10. Collective name for the IMF, World Bank and (later) WTO as the main institutions of global economic governance
- 11. Informal forum of the world’s major advanced and emerging economies that meets to discuss global economic issues
Down
- 1. Policy of using tariffs or quotas to shield domestic industries from foreign competition
- 2. Controversial economic reform programmes often attached to IMF and World Bank loans
- 4. Theory arguing that the global economy is structured to benefit core states at the expense of peripheral ones
- 5. Group of seven major advanced economies that coordinates economic policy
- 7. Institution focused on long-term development and poverty reduction through loans and projects
- 9. International organisation that provides emergency loans to countries facing balance-of-payments crises