NESMUN15

Oil for Blood?

ECONOMIC AND SOCIAL COUNCIL 

President: Joelle Nassar 

Chair: Khaled Sharif 

Chair: Ghada Amer 

Topic 1: Advocating economic and social development in post-conflict countries

It is evident that a brusque change in leadership by means of revolution or foreign intervention is not the only step required for securing a nation’s future, as one can note in the recent examples of Libya, Egypt and Tunisia.

Political instability in Libya opened the doors for an extremely high rate of illegal weapon trafficking, which in turn fuelled the tribal wars that divide the ethnically diverse nation. Egypt is still recovering from the divide caused in the country by the removal of Mubarak, and this divide continues to steal people’s lives day by day.

Unemployment and unsaturated economic markets make it even more difficult for nations such as these to recover, since conflict followed by economic instability tends to turn into a vicious cycle.


Topic 2: Establishing a worldwide policy with international financial and trade institutions

Nowadays, one can notice a prominent prevalence of giant international corporations, which have such a powerful presence in the world’s economy that they can financially support political causes and countries. It is also in these corporations’ power to violate the UN Charter to suit their needs since they are not bound by the strict regulations that only apply to countries. A more restrictive and transparent policy can present a solution to the unrestricted economic power possessed by such corporations and institutions.


Topic 3: The question of promoting  economic prosperity in Ukraine following Crimea's referendum to be part of the Russian Federation

 

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