Page 84 - Key to Social Studies 6
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Famous International Organizations                                                                                                                                             International Monetary Fund (IMF)

            There are many types of international organizations, but some are more well known than others.                                                                                 • The International Monetary Fund is a  nancial

            United Nations Children’s Fund (UNICEF)                                                                                                                                         institution created to help its 189 member

            • UNICEF, founded in 1946, was originally known as the United Nations International Children’s                                                                                  countries develop their economies, secure

             Emergency Fund, but in 1953 its name was shortened.                                                                                                                             nancial stability, promote international trade

            • UNICEF was created to provide emergency food and health care to children and mothers in countries                                                                             among nations, and balance money exchange
             that had been devastated by World War II.                                                                                                                                      rates, or the di ering values of currencies


            • In 1950, UNICEF's mission was extended to include the long-term needs of children and women in                                                                                between countries.
             developing countries everywhere.                                                                                                                                              • The IMF was created by the UN in 1944 to

            • UNICEF’s o ces, found in 190 countries, work to save and support children. UNICEF is funded by                                                                               facilitate economic cooperation to avoid a

             contributions from governments and private donors from around the world.                                                                                                      repeat of the Great Depression of the 1930s. The

            UNICEF’s clear mission is to:                                                                                                                                                  Great Depression was a worldwide economic

            • Advocate for, or publicly support, the protection of children’s rights according to the Rights of the Child                        The symbol of the IMF                     downturn that lasted from 1929 to 1939.

             Convention adopted by the UN in 1989. These rights include protection against child labor.                            • When international trade takes place between countries, there is a currency exchange, or payment.

            • Help meet basic childhood needs of nutrition, water, health care, basic education, and sanitation, or                 Countries face problems when they do not have enough foreign currency reserves to pay for goods and

             clean-living environments.                                                                                             services. The IMF provides loans to support countries in case of foreign currency shortages.

            • Expand opportunities for children to reach their full potential through education, improved nutrition,
             and vaccinations against disease to allow them to live a longer and healthier life.

                                                                                                                                   The World Health Organization (WHO)

                                                                                                                                   • The WHO is headquartered in Geneva,

                                                                                                                                    Switzerland. Founded in 1948, the WHO

                                                                                                                                    works with governments in more than

                                                                                                                                    150 countries, to ensure the highest

                                                                                                                                    attainable, or something that can be

                                                                                                                                    achieved, health level for citizens of the
                                                                                                                                    world, by eliminating diseases and

                                                                                                                                    improving living conditions.

           Doctor from UNICEF mission doing                                                                                        • During the outbreak of the COVID-19
           tetanus vaccination, Democratic
           Republic of Congo, September 2008                                                                                        virus, the WHO played an important role
                                                                                                                                    in spreading awareness about the

                                                                                                                                    pandemic around the world.                    Children su ering from malnutrition waiting for
           82                                                                                                                                                                     food from the relief team in Lahore, Pakistan
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