preoccupied economic aims that concern Module 11 employment salaries, wages and inflation By the end of World War 11, various rates and rights. humanitarian issues and crisis took place; 3. Regulatory – influential in determining because of this NonState Institutions were and improving job qualities and standards established. to regulate employment functions. Their function is to address transnational 4. Democratizing – Promote rights to and local issues that were faced by the economic democracy. state. 5. Service – promote the welfare of members through various initiatives and NONSTATE INSTITUTIONS include the partnerships with different organizations following: that provide service to them. Banks and Corporations 6. Enhancement – concerned for potential Function is to aid people in terms of development and member’s improvement. money and investments. 7. Welfare – conforming more to the idea KINDS OF FINANCIAL INSTITUTION of the trade union as being part of a movement. 1. Commercial Banks – financial deposit Transnational Advocacy Groups with security and convenience which could Constantly influence the policy-making be in the form of credit card, debit card, in a country by sponsoring advocacy and check. campaigns publicizing social issues. 2. Investment Banks – Issue securities to Transnational actors could be the investing public. categorized into local social movements, foundations, media, religious 3. Insurance Companies – aid individuals organization, scholars, international and companies in terms of risk agencies and regional management and wealth preservation. intergovernmental organizations. 4. Brokerages – Commission-based TAGs (Transnational Advocacy Groups) earnings. - Catered issues about human rights, consumers’ right, women’s rights, 5. Investment Companies or Corporation – international peace and Help individuals invest funds or money with environmental issues. other investors to manage portfolios of Development Agencies security. They have specific aims and goals (development). Cooperatives and Trade Unions Concentrate on the growth, Primary role is promoting labor welfare progression, and advancement of and good industrial relations. specific societal concerns. 2 Types of Development agencies: ROLES OF TRADE UNIONS 1. International Organizations 1. Political - can be powerful and influential 2. NGOs. in creating political impact. International Organizations