Question

In what ways do international organization helps our country economy?

Answer 1

International Organisation helps our country's economy by bringing in capital and setting up research and development centres in our economy.

• When International organisations come into a country they not only bring capital but also bring advanced technology with them

• Due to the immobility of the labourers, International organisations use local labourers for their product development which means that the local labourers now have a chance to learn advanced technologies and adapt them to our country. This results in a high number of skilled labours in our economy.

• They also bring in high standard products and increase the living standards of people of the economy.

Answer 2

Answer:

The COVID-19 pandemic has demonstrated the crucial part that international organisations can play in solving difficult global problems. The vital contributions they can make are highlighted by a number of noteworthy examples.

For instance, the World Bank pledged more than $157 billion to help nations combat the pandemic, which included funding for vaccines, support for education reform initiatives, strengthening of healthcare systems, skill upgrades to increase employability, and accelerating the rate of digital adoption.

Explanation:

In the meantime, the majority of nations, especially those without centralised institutes for epidemiological research, received strong support from the World Health Organization. The WHO has assisted in strengthening government response plans, trained millions of health professionals, disseminated diagnostic tests and personal protective equipment, redesigned emergency care facilities to ensure patients received the right care, and sped up research and innovation for diagnostics, vaccines, and treatments.

Additionally, more than 100 developing economies received life-saving vaccines through COVAX, a worldwide programme co-led by the WHO, to provide fair access to underserved areas.

Governments and stakeholders must work together to handle the complex, pressing, and transnational issues that plague today's globe in an efficient and timely manner. International organisations are extremely effective at assisting nations in achieving a variety of noble goals, such as enhancing economic prosperity, fostering social development, raising standards of wellbeing, upholding human rights, delivering humanitarian aid, preserving the environment, and maintaining peace.

International organisations often release technical standards to ensure the application of quality standards and enhance outcomes relevant to numerous policy areas. Guidelines, toolkits, self-assessment tools, and model regulations are examples of standards.

Today's interconnected world requires collaboration to address a range of pressing problems that cut across sectors, industries, and stakeholders. We can maximise economic and social prosperity while protecting our resources if we pool our knowledge and resolve.

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