Economic Agents, Ethics and International Economic Organisations

The last sixty years have seen international economic organisations maintain a position at the forefront of promoting economic growth and socioeconomic development. These organisations have not achieved as much against certain benchmarks, and several observers have accused them of being unqualified to meet the needs of the poor, and even found them guilty of something worse, such as famine and disease. Although these organisations have organisational behaviour and skills, many of their funded projects lack forcefulness to such an extent that they should only be answerable through achieving certain economic facts by way of ethics and morals. We design ethics and morals as two interconnected concepts, and the rationale that binds all economic agents to their respective obligations must be interpreted by effective courses of action dictated by economic realities.