|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.
This section looks at how export processing zones turn over sovereignty to corporate investors and seriously undermine national tax and regulatory systems.
This section analyzes how dollarization eliminates the possibility of independent national monetary policy and exposes countries to policies set in Washington.
This section provides articles on how offshore tax havens undermine national tax sovereignty and funding of public services and infrastructure.
This section analyzes economic globalization and its effects on national sovereignty.
This section explores how TNCs dominate the global economy and exert their influence over global policymaking.
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.