United Nations (UN)
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Purpose: To maintain international peace and security, develop friendly relations among nations, and promote social progress.
Main Organs: General Assembly, Security Council, International Court of Justice, Secretariat.
Specialized Agencies: WHO, UNESCO, IMF, World Bank.
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World Trade Organization (WTO)
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Purpose: To regulate international trade and ensure trade flows smoothly, predictably, and freely.
Key Functions: Administering WTO trade agreements, acting as a forum for trade negotiations, settling trade disputes.
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International Monetary Fund (IMF)
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Purpose: To ensure the stability of the international monetary system.
Functions: Surveillance of the international monetary system, providing financial assistance to member countries.
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World Bank Group
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Purpose: To reduce poverty by providing loans to developing countries for development programs.
Components: International Bank for Reconstruction and Development (IBRD), International Development Association (IDA).
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G20
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Purpose: To bring together the world's major economies to discuss and promote international financial stability.
Key Issues: Global economic growth, international trade, regulation of financial markets.
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G4 (Brazil, Germany, India, Japan)
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Purpose: To support each other’s bids for permanent seats on the United Nations Security Council.
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Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)
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Purpose: To promote economic cooperation and regional integration in the Bay of Bengal region.
Members: Bangladesh, Bhutan, India, Nepal, Sri Lanka, Myanmar, Thailand.
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Collective Security Treaty Organization (CSTO)
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Purpose: An intergovernmental military alliance to ensure collective defense among its members.
Members: Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan.
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Treaty on the Non-Proliferation of Nuclear Weapons (NPT)
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Objective: To prevent the spread of nuclear weapons and promote peaceful uses of nuclear energy.
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Comprehensive Nuclear-Test-Ban Treaty (CTBT)
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Objective: To ban all nuclear explosions for both civilian and military purposes.
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Partial Test Ban Treaty (PTBT)
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Objective: To prohibit nuclear tests in the atmosphere, in outer space, and under water.
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European Union (EU)
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Purpose: Political and economic union to promote economic cooperation and integration among European countries.
Key Institutions: European Commission, European Parliament, European Council.
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Association of Southeast Asian Nations (ASEAN)
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Purpose: To promote political and economic cooperation and regional stability in Southeast Asia.
Members: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, Vietnam.
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African Union (AU)
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Purpose: To promote unity, solidarity, economic development, and political stability among African countries.
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Key Challenges and Criticisms
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Effectiveness: Some multilateral organizations face criticism for being ineffective in addressing global issues promptly.
Representation: Concerns about equitable representation and the dominance of powerful nations in decision-making processes.
Bureaucracy: Multilateral organizations can be bureaucratic, leading to slow decision-making and implementation of policies.
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Conclusion
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Multilateral organizations play a crucial role in fostering international cooperation and addressing global challenges. Despite their criticisms, they remain essential platforms for dialogue and collective action in an interconnected world. |