Event Title
How Can Restructuring Global Financial Institutions Assist in Decreasing Conflict and Instability?
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Faculty Mentor
Dr. Amentahru Wahlrab
Document Type
Oral Presentation
Date of Publication
4-16-2021
Abstract
Global conflict and instability continue to be one of the utmost important issues that plague the international community. Seeking solutions or the best outcomes in decreasing conflict and instability is no easy task, but it does begin with economic measures. Identifying these economic measures requires looking towards global financial institutions and identifying how these institutions affect the increase and decrease of instability. The purpose of this paper will seek to identify how restructuring the International Monetary Fund can be beneficial to the decreasing of instability and conflict globally. This will require analyzing the mechanisms that play a factor both for economic and institutional means regarding the relationship to instability. This paper concludes that global financial institutions play a crucial factor in the increase of instability due to the inherent structure that benefits western developed countries by exploiting underdeveloped countries. Reshaping the structure of financial institutions and economic policies will be vital in the attempt to decrease instability. Further research will be needed to identify the best practices and policies to obtain a more peaceful and prosperous global society.
Keywords
Global Security, Economics, Conflict
Persistent Identifier
http://hdl.handle.net/10950/3130
How Can Restructuring Global Financial Institutions Assist in Decreasing Conflict and Instability?
Global conflict and instability continue to be one of the utmost important issues that plague the international community. Seeking solutions or the best outcomes in decreasing conflict and instability is no easy task, but it does begin with economic measures. Identifying these economic measures requires looking towards global financial institutions and identifying how these institutions affect the increase and decrease of instability. The purpose of this paper will seek to identify how restructuring the International Monetary Fund can be beneficial to the decreasing of instability and conflict globally. This will require analyzing the mechanisms that play a factor both for economic and institutional means regarding the relationship to instability. This paper concludes that global financial institutions play a crucial factor in the increase of instability due to the inherent structure that benefits western developed countries by exploiting underdeveloped countries. Reshaping the structure of financial institutions and economic policies will be vital in the attempt to decrease instability. Further research will be needed to identify the best practices and policies to obtain a more peaceful and prosperous global society.