By Bob Reinalda
This quantity assesses the significance of foreign agencies in international governance over the past ten years. the distinguished staff of overseas participants search to figure out the ways that IO's give a contribution to the answer of world difficulties via influencing overseas decision-making in ways in which transcend the bottom universal denominator of nationwide pursuits.
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Apart from the type and impact of a decision, autonomy is also enlarged depending on the technicality of the issues that organizations deal with. That is to say: the less salient and the higher its degree of technicality, the more autonomy will be granted to the organization by the powerful states. As a general remark Cox and Jacobson state that ‘what international organizations can do is sharply restricted because of the limited resources at their disposal’ (Cox and Jacobson 1973:87). Hence, organizations that dispose of their own revenues, such as the IMF, are more autonomous.
The intergovernmental institutions are competing more and more with international private capital that in turn diminishes their newly gained autonomy. Some claim that the structural adjustment, stabilization and shock therapy programmes of the IMF even profoundly shape ‘the structure of political, social, economic, and cultural life in many states’ possibly leading to political destabilization and even civil war (Orford 1997). The degree of autonomy of international organizations thus being determined regionally, the issue area in which their authority is established also has an impact on their autonomy.