Global Climate Change

Climate change may be one of the defining issues of the twenty-first century, because it pits the potential disruption of our global climate system against the future of a fossil fuel-based economy.

Portfolio Investment

Since the mid-1980s, there has been a dramatic increase in the magnitude of international flows of portfolio investment (PI), especially from countries in the North to emerging market economies across the South.

Foreign Direct Investment

The global economic integration of trade, investment, and finance is raising new issues for U.S. foreign economic policy.

International Criminal Court

On June 15, 1998, diplomats from around the world will assemble in Rome to finalize a treaty that will establish an International Criminal Court (ICC).

Structural Adjustment Programs

Throughout the 1980s and 1990s the U.S. has been a principal force in imposing Structural Adjustment Programs (SAPs) on most countries of the South.

Macedonia

Small and relatively unknown, Macedonia (officially called the Former Yugoslav Republic of Macedonia, or FYROM) is the key to stability in the southern Balkans.

IMF Bailouts and Global Financial Flows

The International Monetary Fund (IMF) is the central agency for enforcing the Bretton Woods Articles of Agreement, whose terms serve as its charter.

Korea

With South Korea facing serious economic problems and North Korea nearing political collapse, the Korean peninsula is entering a period of turbulence and change.

Taxing Overseas Investments

Tax policy becomes foreign policy when companies operate outside their headquarters country and are subjected to tax laws of multiple jurisdictions.

Arms Sales to Latin America

The 20-year-old U.S. moratorium on sales of advanced military equipment to Latin America was successful in preventing a high-tech arms race in the region.

Cambodia

Though Washington viewed the country as a mere sideshow to U.S. military involvement in Vietnam, U.S. actions in Cambodia were decisive in leading to the destabilization of the neutral government under Prince Norodom Sihanouk and triggering a slow slide into more than two decades of violence.

Colombia

Although violence is often blamed on the drug trade, the roots of violence run much deeper. A multiplicity of actors create a veritable kaleidoscope of violence.

Peru

The foundation of Peruvian democracy was crumbling when political neophyte Alberto Fujimori, a former university professor of Japanese descent, was elected president in 1990.

U.S.-Iraq Conflict

The U.S. strategy toward Iraq since Desert Storm has failed, and it has no long-term potential.

U.S. Military Training for Latin America

During the course of the cold war, U.S. policy toward Latin America was shaped by the steadfast belief that the region’s militaries were our strongest and most dependable allies.