Question

Write a critical essay on how Banks and other nonstate organizations helps our country. What benefits do we get from them?​

Answer 1

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Commercial banks play an important role in the financial system and the economy. As a key component of the financial system, banks allocate funds from savers to borrowers in an efficient manner. These financial services help to make the overall economy more efficient. ...

Answer 2

Nongovernmental organizations (NGOs) were once considered as altruistic groups which aim was to impartially influence public policy with no vested interests. Nevertheless, this perception has changed. They are increasingly perceived as groups that prioritize their own ideologies or that respond to the interests of their donors, patrons, and members rather than to those of the groups they represent. This article discusses the politics of NGOs in the present changing globalized world as agents concerned with social and environmental change as much as with their own causes. It argues that numerous NGOs are as much a part of national and international politics as any other interest group and that their practices and activities are not always in the search of a good society or the common good.

2 Funding and Effectiveness

Traditionally, NGOs have collaborated with state and nonstate actors; more recently, the latter increasingly include multinational corporations (Boström & Tamm Hallström 2010).

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