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Precious Dupaya

Joel Dumlan
Leitrell Arce
Rechel Mae Pasion
Kenth Godfrei Doctolero

Non–state InstItutIons
Non-state institutions Description Social implications
Banks A bank is a financial institution Banks perform a variety of tasks,
that receives deposits from the their main function is to collect
public and generates credit. funds from those who have
Commercial/Retail Banks money, known as deposits, pool
Manage withdrawals and them, and lend them to those
deposits as well as supplying who lack money. During the
short-term loans to a person and pandemic, many people find it
small-scale businesses. challenging to make money
Investment Bank because many people lose their
A bank that purchases large jobs. As a result, the government
holdings of newly issued shares established a cash flow support
and resells them to investors program. Additionally, during the
Insurance and Companies pandemic, banks permitted
Offers insurance policies to the borrowers to take out loans with
public either by selling them no interest, enabling people to
directly to a person or through an access money without having to
employer's benefit plan. worry about potential interest
rates.

Corporation A corporation is a legal unit that When a pandemic strikes,


is distinct from its owners. people's businesses suffer; many
Moreover, a corporation has the stores close because fewer
right to enter contracts, loan and people buy from them than
borrow money, hire employees, before. However, because there
own assets, and pay taxes. are so many corporations in this
country, many people have
obtained loans or borrowed
money in order to

Cooperatives Cooperatives are jointly owned We can see how responsive


enterprises engaging in the LGU's are because when the
production or distribution of Pandemic started, they show
goods or services. Cooperatives how proactive they are, they
are usually operated by farmers immediately built and start a
or consumers for their mutual community pantry which is very
benefit. helpful for us in those difficult
days and they also implemented
many health protocols to follow in
order for us to be safe during the
Pandemic.

Trade unions Trade unions or also known as During the Pandemic many trade
labor unions are consist of unions have succesfully
workforces who have come defended workers' right by
together to attain mutual goals keeping their job, negotiating with
like protecting the integrity of its employers for special allowance
trade, improving safety for essential workers, and
standards, achieving higher pay monitor safety health protocol.
and benefits like health care, and
retirement

Transactional advocacy Organizations that are devoted to By creating new issues and

groups manipulating political, economic, placing them on international and


social, and institutional decisions national agendas, providing
across country borders. crucial information to actors and
most importantly by creating
publicizing new norms and
discourses, transactional
advocacy helps restructure world
politics

Development agencies These are independent These are independent


organizations whose goals are to organizations whose goals are to
help develop and support help develop and support
economic growth especially for economic growth especially for
the poor and marginal portion of the poor and marginal portion of
the society. So, they may have the society. So they may have
opportunities for income and opportunities for income and
decent employment decent employment.

Development agencies give


assistance the calamity survivors
such as typhoons and
earthquake to recover. One of
these agencies is the Pantawid
Pamilyang Pilipino Program.

There are development agencies


have been helping the poor in the
society to have a better life

International Include both governmental and They conduct programs that


non- governmental organizations helps low-income countries by
organizations International Non- giving their free services like
governmental organizations medical, social and psychological
transcend borders in pursuit of a services as well as, integration
common cause. activities, care and nursing,
Examples of INGO's material and financial support,
International Red Cross and educational and information
other humanitarian teams services and training, they get
deployed in areas hit by natural their funds from donations,
and man-made disasters. charitable foundation, and
International Governmental government
Organizations
refer to a grouping established by
states and are based on treatise,
have formal structures, and meet
at regular intervals (Santarita &
Madrid, 2016)
Example of IGO'S
Peace-keeping forces sent by the
United Nations to warring states.

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