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| Picture Credit: wikipedia.org/EricDraper |
Global and transnational forces increasingly usurp the power of states to determine their own fiscal and economic policies. Some countries peg their currency to the dollar to maintain exchange rate stability, but dollarization eliminates the possibility of independent national monetary policy and exposes countries to policies set in Washington. In the interest of attracting foreign investment, some states set up Export Processing Zones that turn sovereignty over to corporate investors, undermining national tax and regulatory systems.
Export Processing Zones
This section looks at how export processing zones turn over sovereignty to corporate investors and seriously undermine national tax and regulatory systems.
Dollarization
This section analyzes how dollarization eliminates the possibility of independent national monetary policy and exposes countries to policies set in Washington.
Tax Havens
This section provides articles on how offshore tax havens undermine national tax sovereignty and funding of public services and infrastructure.
Globalization of the Economy
This section analyzes economic globalization and its effects on national sovereignty.
Transnational Corporations
This section explores how TNCs dominate the global economy and exert their influence over global policymaking.
The Bretton Woods Institutions and Other Governance Fora
This section posts information on the most influential international actors and institutions in global social and economic policy, including the World Bank, the IMF, the WTO, and the G7/G8. The section also covers internal critics of the World Bank and the IMF.
