Multilateral debt, the result of lending by the International Financial Institutions (IFIs), is contributing to the economic and social crisis that is overtaking many Low Income Countries (LICs).
With the end of the cold war and the demise of the Soviet threat, NATO must find new rationales for its existence.
A history of mutual dependence underlies U.S.-Panama foreign policy and accounts for the patterns of dominance and dependence in bilateral relations.
The end of the cold war left U.S.-Russian relations in a state of volatile ambiguity.
Immediately following World War II, the major capitalist powers, dominated by the U.S. and Britain, met at Bretton Woods, New Hampshire to establish multilateral institutions to manage the postwar restructuring and expansion of the global capitalist economy. Two international financial institutions (IFIs) emerged from the July 1944 meeting: the International Bank for Reconstruction and Development (World Bank) and the International Monetary Fund (IMF).
When Saddam Hussein ordered his tanks and more than 40,000 troops into the Kurdish city of Irbil on August 31, 1996, he offered President Clinton an apparent "win-win," election-season opportunity.