Issues / Labor, Trade, & Finance
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 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.
An alternative package of architectural reforms: Bretton Woods Light
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.
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.