Event Title

How Can Restructuring Global Financial Institutions Assist in Decreasing Conflict and Instability?

Presenter Information

Aaron BakshFollow

Faculty Mentor

Dr. Amentahru Wahlrab

Document Type

Oral Presentation

Date of Publication

April 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

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Apr 16th, 11:00 AM Apr 16th, 12:00 PM

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.