politics

definition of multilateral organization

The concept that concerns us in this review is closely associated with the international relations that are currently maintained by the countries that make up the planet.

Supranational organization that is formed by several countries and has the mission of agreeing common policies and solving problems that involve them

A Multilateral Organization is an organization that is made up of three or more nations whose main mission will be to work together on the problems and aspects related to the countries that make up the organization in question..

Multilateralism is a widely disseminated concept within International Relations since it refers to the situation of several countries working together on the same aspect or issue.

After the end of the Napoleonic invasion, this idea of ​​multilateralism would begin to precipitate and take hold, and with it the appearance of the different multilateral organizations that would have the objective of working together to solve the problems of its members.

The multilateral organization is framed within a supranational entity for what we mentioned to be made up of several countries. The end of the First World War was the kick that prompted its birth, and already with the Second War, when the order of the world was certainly at risk, because it was divided into two well confronted blocks, the need arose for the creation of these organisms.

The goal of multilateral organizations is to achieve global agreements in relation to issues of interest that affect the majority, such is the case of culture, trade, peace, among others.

Through them it is possible to reach consensus to be able to implement concrete actions in relation to an issue and thus be able to maintain a balance of interests among nations.

It is necessary to establish a regulatory framework that helps in the prevention and resolution of conflicts and also in the fact that there are countries that impose their needs and interests above the others.

Main multilateral organizations

The United Nations, the International Monetary Fund, the World Bank and the World Trade Organization, among others, are some of the best-known multilateral organizations in the world.

The International Monetary Fund (IMF), for example, born within the framework of a convention of another multilateral organization, such as the United Nations, in 1945, its primary objectives are to avoid financial crises in the monetary systems of its member states, the promotion of exchange rate policies. sustainable and cooperative at the international level, the opening of international trade and the reduction of poverty in all those party countries. The IMF is one of the many multilateral and specialized organizations that the UN. It currently has 185 members and its headquarters resides in Washington D.C.

The multilateralism of this body is faithfully expressed, on the one hand, in the multilateral payments methodology that it facilitates and, on the other hand, by the temporary granting of financial resources to those members who have problems in their balance of payments, for example, a country registered with the IMF will have automatic access to 25% of their quota.

Likewise, and as its name indicates, it acts as a fund to which member countries may turn in case of financing needs for any of their projects.

Historically, the defenders of multilateralism have been those countries with medium power, such as Canada, Australia or Switzerland, on the other hand, the largest and most important states, such as the United States, have always fought for the supremacy of unilateralism.

We must also say that the concept of multilateralism is used to designate this topic.

Consequence of globalization

Without a doubt, multilateralism is the logical effect of a globalized world in which interdependence among nations persists. We must also say that it is a hyper-positive proposal because it forces nations to maintain a dialogue to reach an agreement and somehow prevents some countries from having excess power.

But we cannot ignore some issues that we find ourselves against, and that is that agreements between nations do not always exist and prevail, or failing that, agreements are not respected in the end and then many conflicts end up lengthening in time.

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