In: Economics
Finally, analyze what conditions should be met for the UN to become a supranational organization and what consequences such a change might have.
In order to write nuanced answers, it is necessary to answer from different perspectives. To do objective reasoning showing things from different directions. A consequence can be positive for one party but negative for someone else. Or positive in a short-term perspective but negative in the long run. It usually depends only on how to look at the matter. Your task is to showcase these different perspectives. Show that you have a deeper understanding of the subject's complexity. That reality is not black and white, but it's a gray area.
Supranational is an international organization or union in which member states transcend national boundaries or interests to share in the decision making and vote on issues pertaining to the wider grouping.
The European Union and the World Trade Organization are both supranationals. In the European Union, each member votes on policy that will affect each member nation. The benefits of this construct are the synergies derived from social and economic policies along with a stronger presence on the international stage.
For an organization to be supranational, it must operate in multiple countries. While applicable to multinational businesses, the term is more often used in reference to government-style entities as they often have regulatory responsibilities within their standard operation. This can include the creation of international treaties and standards for international trade.Even though a supranational organization may be highly involved in setting business standards and regulation, it does not necessarily have any enforcement authority. Instead, enforcement falls on the individual governments with participating businesses.While the primary focus of most supranational organizations is to ease trade between member nations, it may also have political implications or requirements. For example, it may require that all member nations participate in certain political activities, such as the public election for leadership.