The Extent to Which International Financial Organizations are Effective in Developing and Drafting Internal Financial Law

The financial activity of international financial organizations is considered part of global economic activity in general, where specialization in activity is what distinguishes organizations from each other, and the stability of prices related to global exchange and international financial financing, and this is what distinguishes the work of the Fund and the World Bank, as it It was not an economic organization with competence before World War I, as the global economy experienced a kind of stability at the level of global exchange rates, relying on the rule related to gold in economic, commercial and financial exchanges, as that stability was destabilized due to the outbreak of World War I, which led to the abandonment About the gold rule, where many countries resorted to a protectionist approach, and placed many restrictions in the trade movement between countries, and because of this, global markets were closed to international trade, which prompted the global economy to many trade policies, which caused a global depression in the thirties of the century Last year, when trade wars affected, the importance of the study stems from the role played and played by international financial organizations on the political and economic levels. It is international and financial organizations represented by the Fund, the World Bank, and the World Trade Organization from policies that draw and determine the amount of cash, its movement path and its exchange rate, and it also has the decision regarding saving and capital movement and its accumulation. The approach used in this study is the applied analytical approach to agreements and policies International financial organizations and their applications in the papers of those organizations, various countries, companies and individuals, and reached a set of conclusions. Political and economic action through policies that call for the opening of markets and linking economies with the capitalist Western economy, the increasing role that multinational companies play in the global economy given that they own financial assets, whether gold or sums of money, that exceed the capabilities of many countries and the expansion of geographical areas that include their activities This helped in monetary and financial stability.