GLOSSARY

Below, there are some key words from the vocabulary of Globalization, in relation to international institutions and their functions.

Keywords:

Development: Development is a historical concept that has evolved, so it does not have a unique definition. Still, it can be said that developing is the process by which a community progresses and grows economically, socially, culturally or politically.

Globalization: Globalization is an inevitable phenomenon in human history that has brought the world closer through the exchange of goods and products, information, knowledge and culture. In the last decades, this global integration has spectacularly gained speed due to unprecedented advances in technology, communications, science, transport and industry.

International Institution: World-wide organizations that have specific aims within world markets and generally seek stability and transparency in all international operations.

NGO: A non-governmental organization (NGO) is a non-profit group of volunteer citizens, organized at local, national or international level. With task oriented and directed by people with a common interest, NGOs perform a variety of humanitarian services and functions, bring citizens' problems to governments, oversee policies and community involvement. Provide analysis and experience as early warning mechanisms and assist in the monitoring and implementation of international agreements. Some are organized on specific topics, such as human rights, the environment and health. Their relationship with United Nations system offices and agencies differs depending on their goals, location and mandate.

World order: The expression "new world order" has been used to refer to a new period of history that thus pretends that there is evidence of dramatic changes in the politics of ideologies and the balance of powers. The first use of this expression appears in the document of the Healing Points of President Woodrow Wilson making a call after the First World War for the creation of the League of Nations, predecessor of the United Nations.

Free trade agreements: A free trade agreement is a contract between two or more countries, or between a country and a block of countries that is binding (that is, of mandatory compliance) and whose purpose is to eliminate obstacles to trade, consolidate access to goods and services and favor private investment. In order to deepen the integration of economies, institutional, intellectual property, labor, and environmental, among others. On the other hand, to protect the most sensitive sectors of the economy, the FTA aims at strengthening institutional capacities of the countries that negotiate and establish forums and mechanisms to settle commercial disputes.

References:

CINU.(2017). ¿Qué es una ONG?. Centro de Información de la Naciones Unidas.

MiMi. (s.f.). Instituciones Internacionales.

Ministerio de Comercio Exterior y Turismo. (s.f.). Para entender el TLC. Preguntas y Respuestas. Congreso de la República, Lima, Perú.

Naciones Unidas. (s.f.). Los objetivos de desarrollo del Milenio. Replanteamiento de globalización. Booklet Todo lo que siempre has querido saber sobre las Naciones Unidas.

Pérez, J. (2015). Introducción al concepto de desarrollo. El Orden Mundial en el Siglo XXI.

Wikipedia. (2017). Nuevo orden mundial.