Peace and Foreign Policy
To build peace, we must dislodge the economic and political foundations of war. IPS believes that a just foreign policy is based on human rights, international law, and diplomacy over military intervention.
More than $60 billion spent on missile defense projects since 1983 has produced precious little beyond cost overruns and technical failures.
For most of the worlds poorest countries, multilateral debt looms larger than other debts because of the IFIs status as “preferred creditors,” as providers of core development and balance-of-payment loans.
U.S. Surgeon General David Satcher has likened the HIV/AIDS epidemic in Africa to the plague that decimated Europe in the fourteenth century.
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.
The Clinton administration went further than Reagan and Bush, announcing in 1993 that all U.S. foreign policy would be guided by the doctrine of “enlargement,” aimed at expanding the community of democratic states.
The Export-Import Bank (Eximbank) is an independent U.S. government agency established in 1934 to create jobs through exports.
The twenty-first century requires new paths that encourage exchanges of goods, capital, and people that enhance the social and environmental common good and that discourage or stop those exchanges that undermine healthy communities, a clean environment, and dignified work.
FPIF Corporate Welfare Package
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.