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Nonstate Institution 2.

Market – reactive because of


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

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