Tag: functions and history
World Bank: Purpose, power, functions and history
Nations of the world have rallied towards having a standard financial system that appeals to its economic inputs and offers an overall developed financial sector. With the world divided among political lines, with the East adopting communism and the west largely adopting capitalism; the demand for a non-bias, international body offering credible financial advice to …
African Union (AU): Purpose, power, functions and history
The African Union (AU) is a continental organization that was established in 2002 to promote unity and cooperation among African nations. This article will explore the power, purpose, functions, and history of the AU, including its origins and formation, main objectives and functions, decision-making process and governance structure, role in promoting peace and security, and …
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