Created after WWII, the International Monetary Fund, the World Bank, and the World Trade Organization are the three major international organizations that provide necessary stability to the international monetary system and facilitate international trade and development.

International Monetary Fund

The IMF's main mandate is to ensure the stability of the international monetary system, the system of exchange rates and international payments that enables countries to buy goods and services from each other. The IMF helps keep country-specific market risk and global systemic risk under control.

World Bank Group

Its main objective is to help developing countries fight poverty and enhance environmentally sound economic growth. It seeks to assist developing countries with education, low-interests loans, implementation of legal and judicial systems, and combating corruptions.

World Trade Organization

The WTO provides the legal and institutional foundation of the multinational trading system. It regulates cross-border trade relationship among nations on a global scale. Its functions include providing a platform to facilitate negotiations, pursuing transparency and coherence in trade policies, and resolving disputes among its member states. Without such global trade rules, today's global transactional corporations would be hard to conceive.