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Global

International Monetary Funds (IMF)

Founded

Founded

Place: 1944 Bretton Woods Agreement

Headquarter: Washington D.C., United States

Purpose

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Members

Members: 188

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United Nation                                        (UN)  

Founded

Founded

When: Signed 26 June 1945.  Enforced 24 October 1945

Headquarter: New York City, United States

Purpose

Purpose: Promote international co-operation, replacing the ineffective League of Nations, and to prevent another occurrence of World War II.

Members

Members: 193 Members and 2 Observer Members

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World Bank                                     (WB)

Founded

Founded

Place: 1944 Bretton Woods Agreement

Headquarter: New York City

Purpose

Purpose: Reduce global poverty, provide loans to to developing countries to aid them infrastructure development.

Members

Members: 193 Members and 2 Observer Members

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Continental

Asian Infrastructure Development Bank (AIIB)

Founded

Founded

When: Launched in 2014

Place: China

Purpose

An international financial institution proposed by the government of China. It’s purpose is to provide finance for infrastructure projects in Asia.

Members

Regional:

Austrailia, Azerbaijan, Bangladesh, Brunei, Cambodia, China, Georgia, India, Indonesia, Iran, Israel, Jordan, Kazakhstan, Kuwait, Kyrgyzstan, Laos, Malaysia, Maldives, Mongolia, Myanmar, Nepal, New Zealand, Oman, Pakistan, Philippines, Qatar, South Korea, Russia, Saudi Arabia, Singapore, Sri Lanka, Tajikistan, Thailand, Turkey, United Arab Emirate, Uzbekistan, Vietnam, Hong Kong (status pending)

Outside region:

Austria, Brazil, Denmark, Egypt, Finland, France, Germany, Iceland, Italy, Luxembourg, Malta, Netherlands, Norway, Poland, Portugal, South Africa, Spain, Sweden, Switzerland, United Kingdom.

European Union                                (EU)

Founded

Founded

Place: Maastricht, Netherlands

When: 1993, Introduction of the Maastricht treaty

Purpose

Economic and Political union of 28 member states of Europe.

Members

Members: Austria, Belgium, Bulgaria , Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Ireland, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.

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Asian Development Bank                  (ADB)

Founded

Founded

When: 1966

Headquarters : Manila, Philippines

Purpose

A regional bank originally founded for development of trading between nations of Asia. Does crediting for development projects in Asia.
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Regional

Association of Southeast Asian Nations (ASEAN)

Founded

Founded

When: 8 August 1967

Purpose

A political and economic organization of ten Southeast Asian countries.

Members

Members:  Indonesia, Malaysia, Philippines, Singapore, Thailand, Brunei, Cambodia, Laos, Myanmar (Burma), and Vietnam.

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Organisation of Petroleum Exporting Countries (OPEC)

Founded

Founded

Place: Baghdad, Iraq

When: 10-14 September 1960

Purpose

OPEC’s mandate is to “coordinate and unify the petroleum policies” of its members and to “ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers, and a fair return on capital for those investing in the petroleum industry.

Members

Members:

Algeria, Angola, Ecuador, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates, Venezuela

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