ucsp qrtr2 non-state institutions

bank

a place where people deposit or save their money with interest in a given period. It lends money both to the public and private organizations. The government borrows money from the bank to finance its projects while private organizations and individuals borrow money to finance their business and other personal needs.

corporation

a company or group of people authorized to act as a single entity and recognized as such in law. Usually, _____ operate as stock _______ where ownership is through stockholders who own shares in the company

cooperative

refers to an autonomous association whose membership is voluntary toward the attainment of shared economic, social and, cultural needs or aspirations. The members are the owner of a _________

trade union or labor union

an organization of workers whose main objective is to protect the welfare of its members. Its purpose is to collectively negotiate employers for better compensation benefits, to ensure safety standards in the workplace, and others.

transnational advocacy groups

involved in social advocacy to promote principled causes, ideas and, values. Their goal is to give the powerless a voice in the domestic and international law-making body. Common social advocacies include human rights, consumer rights, women’s rights, environmental issues, and international peace.

development agencies

committed and dedicated to distribute aid. These agencies are present in developing countries challenged by security conflict, food shortage, climate change, financial instability and, others.

global organizations

work in the development of entire countries. They are the funders and donors. They operate by giving loans or grants to other countries to be used for improvement. In the onslaught of COVID-19, World Bank granted a loan to the Philippines to be used for financial assistance to many of the Filipinos who are affected by the pandemic.

The International Organizations

are organizations with world-wide membership, scope or, presence.

International Non-governmental Organizations (INGO) and International Governmental Organizations (IGOs)

two main types of the international organizations

International Non-governmental Organizations (INGO)

they operate internationally, for example, the International Committee of the Red Cross.

International Governmental Organizations (IGOs)

are organizations that are made up primarily of member states, for example, the United Nations (UN).