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Period: to
International Organizations
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Italy (failure)
In 1919, Italian nationalists, angered that the "Big Three" had, in their opinion, broken promises to Italy at the Treaty of Versailles, captured the small port of Fiume. This port had been given to Yugoslavia by the Treaty of Versailles. For 15 months, Fiume was governed by an Italian nationalist called d’Annunzio. The newly created League did nothing. The situation was solved by the Italian government who could not accept that d’Annunzio was seemingly more popular than they were so they bombed -
The Aaland Islands (success)
These islands are near enough equal distant between Finland and Sweden. They had traditionally belonged to Finland but most of the islanders wanted to be governed by Sweden. Neither Sweden nor Finland could come to a decision as to who owned the islands and in 1921 they asked the League to adjudicate. The League’s decision was that they should remain with Finland but that no weapons should ever be kept there. Both countries accepted the decision and it remains in force to this day. -
The invasion of the Ruhr (failure)
The Treaty of Versailles had ordered Weimar Germany to pay reparations for war damages. These could either be paid in money or in kind (goods to the value of a set amount) In 1922, the Germans failed to pay an installment. They claimed that they simply could not rather than did not want to. The Allies refused to accept this and the anti-German feeling at this time was still strong. Both the French and the Belgium’s believed that some form of strong action was needed to ‘teach Germany a lesson’. -
Greece and Bulgaria (success)
Both these nations have a common border. In 1925, sentries patrolling this border fired on one another and a Greek soldier was killed. The Greek army invaded Bulgaria as a result. The Bulgarians asked the League for help and the League ordered both armies to stop fighting and that the Greeks should pull out of Bulgaria. The League then sent experts to the area and decided that Greece was to blame and fined her £45,000. Both nations accepted the decision. -
League of Nations (failure)
The League of Nations failed to prevent World War II (1939–1945). Because of the widespread recognition that humankind could not afford a third world war, the United Nations was established to replace the flawed League of Nations in 1945 in order to maintain international peace and promote cooperation in solving international economic, social and humanitarian problems. The earliest concrete plan for a new world organization was begun under the aegis of the U.S. State Department in 1939. -
Charter signed: United Nations
On 25 April 1945, the UN Conference on International Organization began in San Francisco, attended by 50 governments and a number of non-governmental organizations involved in drafting the United Nations Charter. The UN officially came into existence on 24 October 1945 upon ratification of the Charter by the five then-permanent members of the Security Council—France, the Republic of China, the Soviet Union, the United Kingdom and the United States—and by a majority of the other 46 signatories. -
Organization of IMF
The IMF was formally organized on December 27, 1945, when the first 29 countries signed its Articles of Agreement. The International Monetary Fund was one of the key organizations of the international economic system; its design allowed the system to balance the rebuilding of international capitalism with the maximization of national economic sovereignty and human welfare, also known as embedded liberalism. -
International Court of Justice
The International Court of Justice (ICJ), located in The Hague, Netherlands, is the primary judicial organ of the United Nations. Established in 1945 by the United Nations Charter, the Court began work in 1946 as the successor to the Permanent Court of International Justice. The Statute of the International Court of Justice, similar to that of its predecessor, is the main constitutional document constituting and regulating the Court. -
First borrow of money to a country
In 1947, France became the first country to borrow from the IMF.The IMF’s influence in the global economy steadily increased as it accumulated more members. The number of IMF member countries has more than quadrupled from the 44 states involved in its establishment, reflecting in particular the attainment of political independence by many African countries and more recently the 1991 dissolution of the Soviet Union because most countries in the Soviet Sphere of influence did not join the IMF. -
The multilateral trading system
The past 50 years have seen an exceptional growth in world trade. Merchandise exports grew on average by 6% annually. Total trade in 2000 was 22-times the level of 1950. GATT and the WTO have helped to create a strong and prosperous trading system contributing to unprecedented growth. -
The Group of 77
The Group of 77 at the United Nations is a loose coalition of developing nations, designed to promote its members' collective economic interests and create an enhanced joint negotiating capacity in the United Nations.[1] There were 77 founding members of the organization, but the organization has since expanded to 132 member countries. -
Goods
It all began with trade in goods. From 1947 to 1994, GATT was the forum for negotiating lower customs duty rates and other trade barriers; the text of the General Agreement spelt out important rules, particularly non-discrimination. Since 1995, the updated GATT has become the WTO’s umbrella agreement for trade in goods. It has annexes dealing with specific sectors such as agriculture and textiles, and with specific issues such as state trading, product standards, and subsidies. -
The WTO agreements
The WTO’s rules — the agreements — are the result of negotiations between the members. The current set were the outcome of the 1986–94 Uruguay Round negotiations which included a major revision of the original General Agreement on Tariffs and Trade (GATT). GATT is now the WTO’s principal rule-book for trade in goods. The Uruguay Round also created new rules for dealing with trade in services, relevant aspects of intellectual property, dispute settlement, and trade policy reviews. -
Commencement of World Trade Organization
The World Trade Organization (WTO) is an organization that intends to supervise and liberalize international trade. The organization officially commenced on January 1, 1995 under the Marrakech Agreement, replacing the General Agreement on Tariffs and Trade (GATT), which commenced in 1948. The organization deals with regulation of trade between participating countries; it provides a framework for negotiating and formalizing trade agreements. -
Development and trade
In 1997, a high-level meeting on trade initiatives and technical assistance for least-developed countries resulted in an “integrated framework” involving six intergovernmental agencies, to help least-developed countries increase their ability to trade, and some additional preferential market access agreements. A WTO committee on trade and development, assisted by a sub-committee on least-developed countries, looks at developing countries’ special needs. -
International Criminal Court
The International Criminal Court (ICC), it came into being on 1 July 2002 with the entering into force of the Rome Statute of the International Criminal Court which was adopted on 17 July 1998. It is the first permanent international court charged with trying those who commit the most serious crimes under international law, including war crimes, genocide, crimes against humanity and the crime of aggression (although it cannot exercise jurisdiction over this crime prior to 2017). -
Permanent Forum on Indigenous Issues
The United Nations Permanent Forum on Indigenous Issues (UNPFII or PFII) is the UN's central coordinating body for matters relating to the concerns and rights of the world's indigenous peoples. The forum, which evolved from the United Nations Working Group on Indigenous Populations, is an advisory body within the framework of the United Nations System that reports to the UN's Economic and Social Council (ECOSOC). -
Impact on access to food
A number of civil society organizations have criticized the IMF’s policies for their impact on people’s access to food, particularly in developing countries. In October 2008, former U.S. president Bill Clinton presented a speech to the United Nations World Food Day, which criticized the World Bank and IMF for their policies on food and agriculture. -
Jamaica
The global economic downturn had a significant impact on the Jamaican economy for the years 2007 to 2009, resulting in negative economic growth. The government implemented a new Debt Management Initiative, the Jamaica Debt Exchange (JDX) on January 14, 2010. -
Support of military dictatorships
The role of the Bretton Woods institutions has been controversial since the late Cold War period, due to claims that the IMF policy makers supported military dictatorships friendly to American and European corporations and other anti-communist regimes. Critics also claim that the IMF is generally apathetic or hostile to their views of human rights, and labor rights. The controversy has helped spark the Anti-globalization movement.
