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.

Latest Work

Multilateral Debt

For most of the world’s 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.

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Overseas Private Investment Organization

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.

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U.S. Democratization Assistance

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.

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Export-Import Bank

The Export-Import Bank (Eximbank) is an independent U.S. government agency established in 1934 to create jobs through exports.

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U.S. Leadership in the Global Economy

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.

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Capital Flows and Exchange Rate Policy

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.

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