National Security Implications of Transnational Economic Activity
Abstract
This paper discusses the impact of regional trading arrangements (RTA's), multinational corporations (MNC's), and transnational financial activity on U.S. national security. The National Security Strategy (January 1993) is used as the framework to define U.S. security interests and objectives. The size and importance of the U.S. economy to the world economy is recognized, as is the significance of global economic interdependence. Each transnational economic activity is presented in turn. The nature and scope of the activity is explained followed by analysis of its potential contributions to U.S. national security. Issues associated with the activity are then presented. In those instances where recommendations or counterpoints to the issues are relevant they are also presented. Three policy recommendations are made regarding the transnational economic activities analyzed. The U.S. should encourage development of regional trading arrangements that comply with the GATT. The U.S. should support international regulation of multinational corporation investment and taxation. The U.S. must strengthen its national economy in order to be a world class player in transnational financial activity.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1993
- Accession Number
- ADA276854
Entities
People
- Joseph B. Wismann
Organizations
- Dwight D. Eisenhower School for National Security and Resource Strategy