Global Economic Perspectives Essay Example | Topics and Well Written Essays - 4500 words

Global Economic Perspectives - Essay Example The major principles around which GATT / WHO function are:The major principles around which GATT / WHO function are: Non-discrimination: All member countries are treated at par and on the merits of the trade issue at hand and even the smallest members have the opportunity to present their case against any other member irrespective of size or global clout to protect its international trade interests.Transparency: Members of WTO can review and debate issues of international trade and agreements in an open forum, and due to its functioning being similar to that of a tribunal, absolute transparency is assured in the search for their resolution in a timely manner.Member-driven organisation: The WTO is run by and for its members, and all decisions are taken with the complete knowledge of all members after consultation in an open forum.The WTO contributes to international trade in many different ways.†¢ Assisting developing and transition economies: Out of a total of 148 members, about three-fourths are developing countries, and in addition to economies that are transitioning to the open market, play an ever-increasing role in the functioning of the WTO. With the increasing influence of these countries in the functioning of the WTO, as also their increasing influence in world affairs, the WTO assists these nations in meeting their needs and solving their problems. The WTO Secretariat’s Training and Technical Cooperation Institute organizes training programmes and workshops for officials of such governments.

Abstract for Conference paper about Energy Management 'Towards Essay

Abstract for Conference paper about Energy Management 'Towards Sustainable Energy for Developing Countries' - Essay Example By doing this, the water transmission and its various utilities will be at their best as excesses and irregularities are kept away. SSM is a strategic management tool whose goals is to improve on process eficiency and hence saves on money and other resources. This means that the SSM will creat an economical atmosphere that allows huge saving in water consumption. The water saved during transmission is used to bridge the shortage gap and hence people do not result to using ground water. In the wake of deregularization of the water transmission industry, the SSM policy becomes very important in sneaking back responsiveness of the industry. In this case, the SSM has become very crucial as it is the only remaining tool that can check on excesses and irregularities in the sector. Through implementation of the Policy Framework for SSM , the industry stands to increase its competitiveness in the market. The efficiency and check and balance in the water distribution will enhance proper management of water sources by reducing wastage as much as possible (Nwakanma& Mgbataogu, 2014). This paper deliberates on the enactment and implementation of the Policy Framework for SSM in water transmission that will ensure energy security in a country. By doing so, the paper will discuss how the policy framework will operate in the water energy sector regardless of the fact that the government has deregularized it, (Montanaro & Tonveronachi, 2012). Additionally, the projects seeks to recommend for a reduction of ground water abstraction to rates as low as 5MIG per day during the summer season. To do this, the article will establish effective methods of increasing the capacity for water storage to ensure long term water and power security especially during seasons of water shortage, (Niefer, 2014). In conclusion, this research will aim at setting the foundation of water supply to the entire country, devoid of inconveniences and