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Casiño SF-Assign 1.1 (TCW)

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These economic institutions compel discrepancy in various aspects between nations. They
bring good contributions but also bear challenges that may outweigh the benefits.
In the case of United Nations, since it is not a world government the occurence of opposition
from non-participating nations would compromise its global influence and goals. With the
opposition raised, the sovereignty of one state might be affected as UN tries to resolve issues
around the world. This institution also creates homogeneity of norms as it creates a common
policy between nations. However, their normative role will not be successful and will bring only
commotion as factors like nationalism, populism and protectionism are contested by other nations.
UN also affect globalization negatively because of the power that the permanent members like
United States and China holds which poses a great oppression of those nations that has less
negotiating power. Nevertheless, United Nations main con is that its structure and policying
posseses great threat to non-members states and low income member states. On the other hand,
the World Trade Organization is being deemed responsible in widening the social gap between
rich and poor. It also does not manage the global economy evenhanded, but is biased towards
rich and big corporations. It is affecting globalization negatively because it do harm smaller
countries that has less economic power.
To sum it all, these economic institutions affects globalization negatively because it leads to
the withdrawal of most of the nations from global economic and political activities to protect their
sovereignty and avoid oppression from powerful nations.
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