What International Organizations Do, and Why They Do It
Abstract
International organizations work to develop production and exchange (and productivity and
competitiveness) on a global scale, in ways that vary from time to time in accordance with the
state of the world market as a whole and from place to place in accordance with the situation
of individual states. In recent decades the focus on productivity and competitiveness on a
world-wide scale has intensified, prompting a conjunctural focus on responses to the ‘global
financial crisis’, and a deeper strategic focus on ‘structural reforms’. The latter focus on
extending global value chains, promoting industrial policy, pursuing the formalization of
labour, reforming labour markets and social protection, and lowering barriers to trade, in
ways that reflect the ‘completion of the world market’ in terms of exchange. Against this
background the World Bank’s 2015 World Development Report, Mind, Society and Behavior,
exemplifies the principal objective of current global policy - to induce people around the world
to conform in thought and behaviour to the requirements of globally competitive capitalism. It
is seen as the logical culmination and the cutting edge of twenty-five years of increasingly
focused and coordinated work on the part of the international institutions charged with
governing the global economy.
Keywords
References
- AfDB (2014) African Economic Outlook 2014: Global Value Chains and Africa’s Industrialisation. Tunis: AfDB.
- ADB (2014) Asian Development Outlook 2014 Update: Asia in Global Value Chains. Manila: ADB.
- Banerjee, Abhijit, and Esther Duflo (2011) Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty. Public Affairs: New York.
- Berg, Gunhild, and Bilal Zia (2013) Harnessing Emotional Connections to Improve Financial Decisions: Evaluating the Impact of Financial Education in Mainstream Media, Policy Research Working Paper 6407, World Bank, Washington, DC.
- Cammack, Paul (2001a) ‘Making the Poor Work for Globalisation?’, New Political Economy, 6(3) November 2001: 397-408.
- Cammack, Paul (2001b) Making Poverty Work, in Colin Leys and Leo Panitch, eds, A World of Contradictions: Socialist Register 2002. London: Merlin Press.
- Cammack, Paul (2002) Attacking the Poor, New Left Review 2(13), Jan-Feb: 125-134.
- Cammack, Paul (2003) The Governance of Global Capitalism: a new materialist perspective, Historical Materialism, 11(2): 37-61.
Details
Primary Language
English
Subjects
-
Journal Section
Research Article
Authors
Paul Cammack
This is me
Publication Date
May 11, 2015
Submission Date
April 10, 2014
Acceptance Date
-
Published in Issue
Year 2015 Volume: 7 Number: 1