Role of International Organization in Globalization’s Positive & Negative Effects. Introduction Definition of Globalization • Globalization refers to the increasing interconnectedness of nations through trade, investments, technology, and cultural exchange. • Social • Economic • And Political Roles of International Organizations • World Trade Organization (WTO) • International Monetary Fund (IMF), • United Nations • World Bank Positive Impacts of International Organizations Economic Stability and Growth Trade Liberalization Standardization and Cooperation Negative Impacts of International Organizations Erosion of Sovereignty Economic Inequality Dependency on Aid Environmental Degradation Conclusion