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Global Financial and Economic Institutions

Global Financial and Economic Institutions: Understanding OECD, BIS, FSB, FATF, and ACU

Introduction In the era of globalization and interconnected economies, the smooth functioning of global finance and trade depends on cooperation among international institutions. Various organizations work to ensure economic stability, promote transparency, and strengthen financial systems across nations.Among these, the Organization for Economic Co-operation and Development (OECD), Bank for International Settlements (BIS), Financial Stability Board…

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The Impact of the Great Depression on Employment and Trade Worldwide

The Great Depression was one of the most severe economic downturns in modern history, beginning with the stock market crash of 1929 and lasting throughout the 1930s. It caused massive unemployment, a dramatic decline in global trade, and widespread financial turmoil. This crisis affected every sector of the economy, leading to political instability, social unrest,…

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