Issues / Labor, Trade, & Finance
An alternative package of architectural reforms: Bretton Woods Light
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.
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.
Environmental concerns have been at the leading edge of a movement to reform the World Bank over the past 15 years.
Despite the obvious importance of Mexico, current U.S. policy is fragmented, often contradictory, and lacks a clear strategy or focus.
U.S. foreign policy and national security policies have significant domestic and international environmental impacts, and the increasingly precarious state of the global environment presents important new challenges to U.S. national interests.
The U.S. government has made the rigorous enforcement of intellectual property rights (IPR) a top priority of its foreign policy, using international trade negotiations as the means of continually ratcheting up the terms.
After a decade of rapid growth, the international financial system is now plagued with extreme volatility and crisis.
Consistent with U.S. political interests to promote a private sector agenda, the World Bank has accentuated the private sector in its operations and highlighted financial support for the private sector in its own agenda in the last few years.
The Clinton administration continues to promote the deeply flawed "Washington consensus" of neoliberal globalization in the APEC countries.