For most of the worlds poorest countries, multilateral debt looms larger than other debts because of the IFIs status as "preferred creditors," as providers of core development and balance-of-payment loans.
The Overseas Private Investment Corporation (OPIC), a wholly owned government corporation established in 1971, provides taxpayer-backed loans, loan guarantees, and insurance to U.S. businesses for investments in "politically risky" countries.
The Clinton administration went further than Reagan and Bush, announcing in 1993 that all U.S. foreign policy would be guided by the doctrine of "enlargement," aimed at expanding the community of democratic states.
The Export-Import Bank (Eximbank) is an independent U.S. government agency established in 1934 to create jobs through exports.
As neoliberal policies foster greater privatization of the international financial system, countries must rely almost entirely on private financial flows to finance trade, to settle international accounts, even to meet domestic credit needs.
Sound population policies can brighten environmental prospects while improving life for women and children, enhancing economic development, and contributing to a more secure world.
The Pentagon has inflated the North Korean threat in order to rationalize its desire for a missile defense system, to justify a capacity to fight two wars simultaneously, and to explain the need to maintain 37,000 troops in South Korea.
Considered a strategic NATO ally, Turkey has benefited from a U.S. policy that is long on military assistance and short on constructive criticism.
For the past decade, through both Republican and Democratic administrations, the U.S. government has promoted a model of free-market global capitalism that it claimed would benefit the great majority of people both at home and abroad. This model has failed.
With the collapse of the Soviet Union and the triumph in the Gulf War, the United States standsat least for a timeas the region's dominant outside power.