Professional Documents
Culture Documents
UCSP
UCSP
Nonstate institutions are people and/ or organization that participate in international affairs and
relations but are not affiliated with any state or nation. These nonstate institutions include the
following: bank and corporations, cooperatives and trade unions, transnational advocacy groups,
and development agencies and international organizations. These nonstate institutions are equally
capable of influencing policy formation and implementation.
a. Banks
FORMS OF BANK
Commercial Banks
DESCRIPTION
Financial deposit with security and convenience which could be in the form of credit cards, debit
cards, and check
Provide business, individual, and personal loans, enabling commercial banks to earn interest
Serve as payment agents within and outside the country through wire transfer
Subjected to more regulations.
FORMS OF BANK
Investment Banks
DESCRIPTION
Financial intermediaries that performs a variety of services for businesses and some government
Issues securities to
the investing public
Make markets, facilities, mergers, and other corporate reorganizations
Acts as brokers for institutional clients
Under the supervision of regulatory bodies such as the
Securities and Exchange Commission (SEC), FINRA, and the US Treasury
Subjected to fewer regulations
The two most well-known financial institutions that are actively
shaping the socioeconomic development of the Philippines are the
World Bank and the Asian Development Bank. They have been
providing financial aid to the Philippine government and various nongovernmental organizations
(NGOs) to facilitate their development
objectives
b. Corporations
- It is a form of business operation that declares the business as a separate entity guided by a
group of officers known as the Board of Directors. They were created by individuals, stockholders
or shareholders, with the purpose of
operating for profit. They have all legal rights of an individual, except for the right to vote and
certain limitations. They are given the right to exist by the state that issues their charter.
Corporation example www.shsph.blogspot.com
8 includes General Motors Corporation an icon of American craftmanship, Apple Corporation as
one of the famous tech companies, Amazon Corporation founded by Jeff Bezos is the world’s
leading eCommerce and innovation
company, Domino’s Pizza is a global food chain company delivering quality food worldwide.
Common Types of Corporations
A corporation can be created by a single shareholder or by multiple shareholders who come
together to pursue common goal. A corporate
can be formed as a for-profit or a non-for-profit entity.
● For-profit
● Not-for-profit
Multinational Corporations (MNCs) are business organization that
extends ownership, management, production, and sales activities into
several or more countries. MNCs are boon to the economic growth and
development of the states.
Table 1. The Good and bad Effects of MNCs
Multinational Corporations
GOOD EFFECTS
Introduce technology
Encourage economic growth
Encourage interdependently
Promotes human rights
Protect the environment
Economic actors
Promote a cosmopolitan world Damage national Culture
BAD EFFECTS
Offer ill-suited technology
Retard economic growth
Cause dependency
Elites become compradors
Harms human rights
Hurt the environment
Political actors
Damage national Culture
Checks out the big names of MNCs that are
already exist in the Philippines:
• Google • Viber • Palo Alto Networks
• Procter and Gamble • Thomson Reuters • Accenture
• HSBC • Citibank • Maersk
• Hewlett Packard • Coca Cola Far East • Deutsche Bank
c. Cooperatives
-Cooperatives are people-centers enterprises owned, controlled and run by and for their members
to
realize their common economic, social, and cultural needs and aspirations.
d. Trade Unions/Labor Unions
-Trade Unions are organizations formed by workers from related fields that work for common
interest of its members. They help workers in issues like fairness of pay, good working
environment,
hours of work and benefits.
e. Transnational Advocacy Groups
-Transnational Advocacy Groups (TAGs) play an increasingly important role in international and
regional politics and have contributed to changing policies of multilateral organizations and states.
f. Development Agencies
-Development Agencies have been established to develop the cooperation between the public
sector, private sector, and civil society.
Types of Development Agencies:
● International Organization is an institution with membership drawn from
two or more countries.
● Non-government Organization is a non-profit group that functions
independently of any government. It serves the social or political goals
such as humanitarian and environmental causes.
Interrelationship of Government and Nonstate Institutions
Government rules society. This reflects how powerful government institution
can be. If nonstate institutions interfere with the governing body, two possible
things can happen:
1. Integration among these two institutions may take place to achieve
precise solution towards development
2. Conflict and tension may also arise because one could exceed the other in
terms of societal control and influences (Penninx, 2013)
Nonstate Institutions
● Banks
● Corporations
● Cooperatives
● Trade Unions/Labor Unions
● Transnational Advocacy Groups
● Development Agencies
The primary function of education is the socialization of the new members of the society. The late
president Ramon Magsaysay aptly observed that “education is the greatest equalizer of
opportunities” for everybody. Other most important objectives of education are:
1) Teaching basic skills, such as reading, writing, and arithmetic.
2) Helping children develop skills in abstracting thinking and problem solving.
3) Transmitting the cultural heritage, from which individual may develop an appreciation of their
society.
4) Communicating to children the basic value of the society.
5) Teaching the special aspects of the culture, such as art, music, literature, drama, science,
technology, and sports.
6) Teaching vocational skills that help individuals enter the job market.
7) Training citizens for life within the political system of their society.
8) Preparing children to live long and form meaningful relationship with other human beings.
Primary Education as a Human Right
Primary education is essential in the early stages of human life. Humans need education to enable
them to adapt to the dictates of their society. The United Nations Educational Scientific and
Cultural Organization (UNESCO) declare that education is a fundamental human right and
essential for the exercise of all other human rights. It promotes individual freedom and
empowerment and yields important development benefits. Yet millions of children and adults
remain deprived of educational opportunities, many as a result of poverty.”