Issues / Labor, Trade, & Finance
The G-7 was formed in 1975 to provide an informal forum for coordination of economic policy among leaders of prominent industrialized nations.
Washingtons increasing focus on promoting international investment and trade is evident in the smorgasbord of assistance offered to U.S. exporters.
In the immigration debate, free marketers square off against cultural conservatives on the right side of the political spectrum; while on the left, civil rights and ethnic advocacy groups oppose environmentalists and job protectionists.
The Overseas Private Investment Corporation (OPIC), a wholly owned government corporation established in 1971, provides taxpayer-backed and taxpayer-funded loans, loan guarantees, and insurance to businesses for investments in politically risky countries.
Today, member countries number 125 (nearly the whole world except China, some former communist countries, and a number of small nations) and WTO rules apply to over 90 percent of international trade.
For 20 years the gap has been widening between the level of economic development in Africa and every other area of the world.
A fundamental challenge facing policymakers and activists is how to set and enforce rules to protect workers from repression, exploitation, and danger.
The last fifteen years have seen an unprecedented decline in the standard of living of the worlds rural poor, and a related upsurge in both internal and international migration as people search for options.
Close trade and security ties bind the U.S. and Japan in a web of interdependence.
As the country in the Asian Pacific Economic Cooperation forum (APEC) that leads the effort to seek rapid tariffs reductions, Indonesia is the darling of U.S. export industries.