INTERNATIONAL ECONOMIC ORGANIZATIONS

CONTENT

1. Introduction to International Economic Organizations
2. The Economic Community of West African States (ECOWAS)
3. The International Monetary Fund (IMF)
4. The International Bank for Reconstruction and Development (IBRD) or the World Bank
5. General Agreement on Tariffs and Trade (GATT)
6. The West African Clearing House (WACH)
7. The United Nations Conference on Trade and Development (UNCTAD)
8. The Economic Commission for Africa (ECA)
9. The African Development Bank (ADB)
10. The Organization of Petroleum Exporting Countries (OPEC)

Introduction to International Economic Organizations

Several international organizations exist to encourage trade, economic co-operation and development among nations of the world. Some of these organizations have almost all the independent countries of the world as members. They include International Monetary Fund (IMF), International Bank for Reconstruction and Development (IBRD), African Development Bank (ADB), European Economic Community (EEC), Organization of Petroleum Exporting Countries (OPEC), United Nations Conference on trade and Development (UNCTAD), Economic Commission of Africa (ECA), West African Clearing House (WACH), etc.

The Economic Community of West African States (ECOWAS)

Formation of the Economic Community of West African States (ECOWAS)

The Economic Community of West African States (ECOWAS) was founded on 28th May, 1975, in Lagos, Nigeria.