Tag Archives: foreign corruption

Corruption, Taxation, National Security, Investment, National Interests — Recent U.S. Trade Developments

               Recent developments concerning foreign corruption prosecutions, taxation of multinationals, national security reviews, and criticism of U.S. trade policy as being increasingly based on national interests and power politics remind me how really diverse the field of international trade relations is … Continue reading

Posted in Global Trade Relations | Tagged , , , , , , , , , | Leave a comment

Tax Havens, Foreign Corruption and Bank Secrecy — One Big Global Problem — Better U.S. Corporate Oversight Needed.

Recent developments concerning disclosure of Apple’s alleged sheltering of $7 trillion dollars in offshore tax havens and Wal-Mart’s foreign bribery scandal in Mexico raise three inter-related issues: tax havens, foreign corruption, and offshore banking secrecy. Together these issues  feed into grave global … Continue reading

Posted in Global Trade Relations | Tagged , , , , , , , , , , , , , , , | Leave a comment

Wal-Mart and Global Corporate Bribery — It’s about Our Values, Economic Development and U.S. Global Leadership.

  Wal-Mart is the latest multinational corporation now facing allegations of  illegal payments to foreign government officials. This raises issues of corporate responsibility, economic growth, our values, and U.S. global leadership. This case involves questionable corporate payments under both U.S. and … Continue reading

Posted in Global Trade Relations | Tagged , , , , , , , , , , , , , , | Leave a comment

“Rules & Responsibilities” — For Corporations & Countries — A Policy Approach Long-Overdue.

     President Obama’s 2012 State of the Union Message can be summarized in part as a plea for “rules and responsibility.” If you would like this can be further summarized as an R2  approach to corporate and national governance. Unfortunately, many … Continue reading

Posted in Global Trade Relations | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Extraterritorial U.S. Economic Regulation and Prosecution — What’s the Impact? — Not Much?

What are the U.S. policy implications of extraterritorial application of U.S. economic legislation? Many pieces of U.S. economic legislation apply to operations and transactions of U.S. firms outside of the United States. They also apply to transactions of foreign corporation outside … Continue reading

Posted in Global Trade Relations | Tagged , , , , , , , , , , , , , | Leave a comment