Posts Tagged: financial flows
Throughout the 1980s and 1990s the U.S. has been a principal force in imposing Structural Adjustment Programs (SAPs) on most countries of the South.
With South Korea facing serious economic problems and North Korea nearing political collapse, the Korean peninsula is entering a period of turbulence and change.
Tax policy becomes foreign policy when companies operate outside their headquarters country and are subjected to tax laws of multiple jurisdictions.
A nonaligned, economically autarkic, one-party state under harsh military rule since 1962, Burma has metamorphosed into a test case for action on several fronts: human rights in Southeast Asia, international trade relations and the World Trade Organization (WTO), the growing worldwide heroin epidemic, and the role of foreign investors in supporting dictatorships.
Investment funds, established to provide capital for private enterprises and sponsored by government agencies and multinational institutions, are increasing in number every year.
International flows of private investment have risen sharply in recent years.
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.
For 20 years the gap has been widening between the level of economic development in Africa and every other area of the world.
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.
In promoting structural adjustment, the U.S. has concentrated on short-term profits for businesses and narrow diplomatic gain.