Abstract:

Globalization is one of the most widely discussed phenomenon of our age. The process of globalization is not only supported by those who see it as modernization but also considered by some others to be the new name of imperialism. The concept of globalization which is mainly discussed from its political, cultural and economic aspects is handled from its economic aspect in this work. In this respect, it would help to understand the process of globalization to analyze the policies of three major establishments leading this process, the IMF, the World Bank and World Trade Organization. However, the world has been facing more poverty and deeper crisis because of the policies followed by these three major establishments, the World Bank which was established to reduce poverty on a global scale, the IMF which was established to ensure the stability of the international monetary and financial system and the World Trade Organization which was established to deal with the global rules of trade. İstanbul Üniversitesi Gazetecilik Anabilim Dalı Doktora Programı, [email protected] Some international institutions' reports on world poverty, such as that of ILO, as well as the World Bank's confessions on increasing poverty in undeveloped countries make it important to handle the process of globalization in line with the mentioned major establishments. In this sense, this study aims to answer the question regarding the IMF's, World Bank's and the World Treaty Organization's role and its consequences in globalization process.

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