INTERNATIONAL ORGANIZATIONS AND THEIR ROLE IN THE GLOBAL ECONOMY

Abstract

This article provides a comprehensive analysis of the role, functions, and impact of international organizations in the global economy. It examines mechanisms through which financial institutions, such as the International Monetary Fund (IMF) and the World Bank, ensure economic stability in developing countries. Furthermore, the importance of trade organizations like the World Trade Organization (WTO) and regional integration structures in promoting cooperation between states and regulating economic integration processes is highlighted. The article demonstrates the positive effects of international organizations on the economies of both developing and developed countries, emphasizing their crucial role in maintaining global financial and trade stability. It also analyzes the significance of improving investment environments, developing infrastructure, and reducing poverty through international cooperation. By applying both theoretical and practical approaches, the article illustrates how international institutions perform strategic functions in the economy and underlines their importance in global integration.