Do we need a world treasury to finance peace Essay

Do we need a world treasury to finance peace - Essay ExampleOn the theme level these workers are funded for their efforts towards restoring peace. However, in a global perspective, financial resources towards peace-keeping are scarce. In this context, creating a cosmos Treasury would be the first step in working towards global harmony.A WORLD treasury Jan Tinbergen, co-recipient of the first Nobel Prize for economics, observed that almost every ministry at the national level corresponded to some world(prenominal) organization, with the exception of a treasury. Yet without a treasury, which collects taxes and uses them to finance all the other ministries, any government would in short collapse. He therefore proposed the creation of a World Treasury, which could finance peacekeeping, development and protection of the global environment. A World Treasury could raise revenue by auctioning global resources. It would be the logical institution to consummate this essential role. Of cours e, an international board or an elected world parliament, should oversee the proper use of the specie raised in this way and ensure accountability at all levels.Such a manner to help finance U.N. peacekeeping operations and sustainable development has five advantages First, it frees financially pressed governments from give ever higher contributions. Second, it gives the United Nations and its family of international organizations a more reliable source of funds to beseeming urgent global needs. Third, it avoids divisive and difficult negotiations over how much each country should contribute, since the richer countries naturally repeal up paying a higher share. Fourth, it uses market principles to improve the efficiency of allocating scarce resources. And fifth, it helps prevent mathematical future wars over those resources. (Fischer, Dietrich, p.12). Financing the peace movement and the peace operations from the World Treasury willing become imperative. The funds will be use d globally for peace-keeping.PEACE