Main Four
| Aspect | United Nations (UN) | International Monetary Fund (IMF) | World Bank | World Trade Organization (WTO) |
|---|---|---|---|---|
| What is it? | International organization for peace, security, cooperation, and development. | International financial institution. | International financial institution for poverty reduction and development. | International organization for regulating and facilitating global trade. |
| Objectives | - Maintain international peace and security - Promote human rights - Provide humanitarian assistance - Foster sustainable development - Facilitate international cooperation |
- Exchange rate stability - Economic growth - Financial stability - Global economic cooperation |
- Poverty reduction - Economic development - Infrastructure development - Capacity building |
- Promote international trade - Ensure fair trade - Encourage economic growth - Provide dispute settlement mechanism |
| Functions | - Diplomacy and negotiation - Peacekeeping - Research and data analysis - Humanitarian aid - Advocacy and awareness |
- Surveillance - Financial assistance - Technical assistance - Capacity development |
- Financial assistance - Policy advice - Research and data - Capacity development |
- Negotiations - Trade facilitation - Dispute settlement - Monitoring and surveillance |
| Achievements | - Universal Declaration of Human Rights - Peacekeeping missions - Eradication of smallpox - Sustainable Development Goals (SDGs) |
- Global financial stability - Economic reforms - Research and data analysis |
- Infrastructure development - Poverty reduction - Healthcare improvement - Education enhancement |
- Trade liberalization - Dispute resolution - Trade in services - Accession of new members |
| Challenges | - Geopolitical tensions - Funding shortfalls - Complex global issues |
- Policy implementation - Sovereign debt crises - Governance and representation |
- Global economic uncertainty - Country ownership - Environmental concerns |
- Stalled negotiations - Trade tensions - Adaptation to new trade realities |
| Contributions to India | - Humanitarian assistance during crises - Peacekeeping missions - Sustainable development initiatives |
- Financial assistance during balance of payments crises - Policy advice and reforms support |
- Infrastructure development projects - Support for education and healthcare systems - Economic policy advice and reforms - Trade facilitation efforts |
- Increased market access for goods and services - Dispute resolution mechanism utilization |