The Western world owes its success since the end of the Second World War to its well-functioning system of institutions. The North Atlantic Treaty Organization protects against military aggression; the World Trade Organization establishes rules on how to do business with each other; and the International Monetary Fund and the World Bank help stabilize international finance and fight economic and humanitarian crises. Finally, the United Nations and the G-7 safeguard a platform for crucial conversations among world leaders as tensions loom -- they ensure that problems are faced before they escalate.
Read Full Article »
