NAFTA gave multinational corporations the right to sue governments to block regulations they don't like, undermining democracy and local sovereignty.
Posts Tagged: Investment
Opposition parties organized a non-binding referendum to fight government efforts to gut a constitutional ban on private investment in the oil industry.
China and the United States are sustaining the global economy. But as FPIF columnist Walden Bello points out, this linked relationship is part of the problem, not part of the solution.
Environmentalists are increasingly demanding that international rules and corporate norms governing investment explicitly embrace environmental and social performance goals.
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.