Issues / Labor, Trade, & Finance
Although the world market for environmental technologies is twice the size of the world arms market, the U.S. supports its arms exports over its environmental technologies market by a staggeringly large margin.
The IMF was created as the "guardian" of the global economy, promoting unimpeded trade and ensuring that national exchange rates would stay within set values.
The failure of sustainable economic growth to take hold in the developing world demonstrates that "free trade" is not delivering on its promise to bring prosperity to the world's poor.
Increased economic globalization has resulted in an increased feminization of poverty, forcing greater numbers of women worldwide to migrate in search of work.
Shaping new international rules for labor rights, environmental protection, gender equity, minority rights, sustainable development, and other social goals is a formidable political challenge in view of the forces promoting profit-above-all trade and investment policies.
The environmental implications of this decade's massive movements of money into the developing world, while enormous, are also complex and somewhat contradictory.
The Clinton administration has put investment liberalization at the center of much of its foreign policy regarding investment flows.
The trade in illicit drugs is estimated to be worth $400 billion a year, and it accounts for 8% of all international trade, according to the United Nations.
The human costs of tobacco use are staggering and rising dramatically.
The global economic integration of trade, investment, and finance is raising new issues for U.S. foreign economic policy.