Scholars, advocates, and activists seeking to make the U.S. a more responsible global partner.
financial flows

International Investment Rules and the Environment

by , | Aug 1, 1999

Key Points

International competition for investment keeps environmental standards
"stuck in the mud."
With the right set of global rules, foreign direct investment could
be a channel for ecologically sustainable economic development.
In the coming decade, U.S. policy will be decisive in shaping International
investment rules.

The governance of international capital flows will be one of the key
environmental policy issues of the next decade. Along with labor, human
rights, and other social advocates, environmentalists are increasingly
demanding that international rules and corporate norms governing investment
explicitly embrace environmental and social performance goals.

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Repairing the Global Financial Architecture: Painting over Cracks vs. Strengthening the Foundations

by | Jun 1, 1999

Components of the package outlined below have been circulating as separate reform proposals—some on the IMF and/or G-7 reform agendas, others struggling against Washington and IMF resistance. Combined they are an updating of the Bretton Woods architecture commensurate with today’s changed economic and political environment. They would help restore some of the stable, equitable, economic growth of yesteryear, while supplying institutional building blocks for erecting a genuinely integrated global economy in the future. The components are:

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