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Supranational Organization
(redirected from Supranational institution)

   Also found in: Wikipedia 0.01 sec.
Supranational Organization
An organization that exists in multiple countries. While, theoretically, supranational could refer to multinational corporations, the term most often describes an international government or quasi-government organization. Examples include the United Nations and the International Monetary Fund. Supranational organizations often have a direct role in regulation. For example, an international treaty may set up certain standards for international trade. However, enforcement of these provisions is left to individual, sovereign governments.


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A historical comparison might be drawn between the Trevi Council, a decentralized intergovernmental institution of the Treaty of Rome, and its latter day successor, the Office of Justice and Home Affairs, a centralized supranational institution of the European Union.
Additionally, three other chapters examine the influence of supranational institutions, norms, and discourses, looking at the World Bank and the International Monetary Fund, the European Union, and the International Labor Organization.
Supranational institutions may have considerable autonomy in running the day to day affairs of the Union, but there are important differences between the more integrated areas of economic and social regulation on the one hand, and on the other the more intergovernmental pillars of foreign policy, and police and judicial cooperation in criminal matters.
 
 
 
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