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Global Economy

Resources

Executive ExcessAugust 29, 2007
IPS announces the release of its 14th Annual CEO Compensation Survey, Executive Excess 2007: The Staggering Social Cost of U.S. Business Leadership(PDF), as discussed in this video interview with Global Economy director Sarah Anderson.

Media coverage includes:

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April 2007 Selfish Interest: How Much Business Roundtable CEOs Stand to Lose from Real Reform of Runaway Executive Pay

  • Nothing succeeds like excess in the Financial Times

  • Knights of the Business Roundtable: A Circle With Few Virtues in the Huffington Post

  • Roundtable CEOs' pay rose 10.6 percent in Reuters (Scotsman article featured)

  • Some pay facts you may wish you didn't know in the Kansas City Star
  • May 2007 Challenging Corporate Investor Rule: The Democratic Majority U.S. Congress has given short shrift to concerns about excessive investor protections in trade pacts.

    En Español Desafiar el Poder Corporativo de los Inversionistas.

    Read about this report in this Inter Press Service article.


    2006 Executive Excess: CEO Pay Report. IPS and United for a Fair Economy expose how defense and oil executives are cashing in on conflict.

    April 18, 2005 Wal-Mart's Pay Gap by Sarah Anderson


    Fully updated and expanded 2nd edition of
    Field Guide to the Global Economy

    Field Guide cover"Field Guide to the Global Economy shows the disastrous effects that corporate domination of the world economy has on working people and consumers. But instead of despairing, the writers of this book point to the ways in which all of us can resist the juggernaut of corporate power and create an egalitarian economy, across national boundaries and all the barriers that keep us apart as human beings." -- Howard Zinn

    Alternatives to Economic Globalization
    A Better World Is Possible

    Drafted by John Cavanagh and Sarah Anderson, and others, 2nd edition, 2004, 350pp, $15.95


    TRADE AND INVESTMENT POLICY

    June 2005 -- After the FTAA/Después del ALCA report in Spanish and English.

    January 2005 --  Alternatives to Corporate Globalization:  The Spectrum of Responses by Sarah Anderson and John Cavanagh.

    October 2004 --  Rethinking NAFTA - updated.  

    April 2004 --  "Outsourcing: A Policy Agenda," By Sarah Anderson and John Cavanagh. Also in Spanish

    March 2004 --  "A Progressive View on Outsourcing," By Sarah Anderson and John Cavanagh, in The Nation

    February 2004 -- Lessons of European Integration

    November 2003

    May 9, 2002 -- NAFTA Labor Black Hole: Lessons for the Fast Track Debate by Sarah Anderson, director of the Global Economy project.

    January 2002 -- Competing Visions for the Hemisphere A chart comparing the official draft of the Free Trade Area of the Americas with an alternative proposal developed by a hemispheric network of activists. Spanish version (both in Adobe Acrobat format.)

    NAFTA Investor Rights Plus: An Analysis of the Draft Investment Chapter of the FTAA From the Hemispheric Social Alliance Press release. June 2001.

    America's Plan for the Americas: A Critical Analysis of the U.S. Negotiating Positions on the FTAA edited by Sarah Anderson with Karen Hansen-Kuhn of Development Gap.  February 2001. 

    FAST TRACK

    FAST TRACK FALLOUT: Trade Experts say Bush Administration Lost by Winning Press Statement, December 2001.

    Fast Track Passage Won't Defeat the "Seattle Coalition" December 2001.

    THE MOVEMENT

    What is the Global Justice Movement?: What Does it Want? Who is in It? What has it Won? A primer by John Cavanagh and Sarah Anderson, January 2002.

    Student Voices by Bhumika Muchhala.  Interviews with student leaders of the anti-globalization movement. December 2000.

    The Corporate Accountability Movement: Lessons and Opportunities by Robin Broad and John Cavanagh. 1998.

    OTHER GLOBALIZATION

    Top 200 -- Sarah Anderson and John Cavanagh analyze the economic and political power of the world's largest corporations.  December 2000.

    Bearing the Burden: The Impact of Global Financial Crisis on Workers and Alternative Agendas for the IMF and Other Institutions By Sarah Anderson and John Cavanagh, April 2000.

    CEO PAY

    Executive Excess 2005: Defense Contractors Get More Bucks for the Bang Co-authored by Sarah Anderson and John Cavanagh of the Institute for Policy Studies and Scott Klinger and Liz Stanton of United for a Fair Economy.

    Media coverage of the report includes Top Defense CEOs Cashing In On The War? an op-ed by Sarah Anderson in the Hartford Courant, as well as articles from Reuters, the Boston Globe, and the Kansas City Star (free registration required).

    Executive Excess 2004 Report: CEO Pay Soars at Companies That Send Jobs Overseas, Biggest Convention Sponsors & Political Donors Also Pay CEOs More. By Sarah Anderson, John Cavanagh with United for a Fair Economy.

    Executive Excess 2003 This 10th annual report on executive compensation reveals that CEOs at companies with the largest layoffs, most underfunded pensions and biggest tax breaks get fatter paychecks than average CEOs.

    Executive Excess 2002: CEOs Cook the Books, Skewer the Rest of Us

    Executive Excess 2001:  Layoffs, Tax Rebates and the Gender Gap.

    CEO/Worker Pay Gap Report 2000, IPS/United for a Fair Economy, September 2000 (.pdf format)

    Most reports in Adobe Acrobat format. Get your free reader here.

    For more than a quarter century, IPS has been a leader in strengthening citizen responses to the global economy through research, writing, film, education, and coalition building.  The project has produced dozens of books, articles, films, and educational materials.

    Directed by IPS Fellow Sarah Anderson, the project combines the work of Anderson, IPS Director John Cavanagh, and IPS Fellow Saul Landau. The project integrates its work closely with IPS's Sustainable Energy and Economy Network ( SEEN).

    Currently, the project has two major areas of work:

    1.  Alternative Visions

    Internationally, IPS has been at the forefront of efforts to promote alternatives to the current corporate-driven approach to globalization that are aimed at reducing inequality and protecting the environment.

    This work focuses on three areas:    

    • Trade in the Americas:  The project plays a leadership role in the U.S.-based Alliance for Responsible Trade, which is working to build a Hemispheric Social Alliance uniting labor unions and nongovernmental organizations across the Americas.  The project worked with an international team to produce the document “Alternatives for the Americas,"  which lays out detailed recommendations for a socially responsible approach to integration.  The IPS Global Economy project has also conducted detailed research on the European Union’s approach to integration, drawing lessons for the Americas on how to reduce inequalities and lift up social and environmental standards between and within countries.
    • Alternatives to Economic Globalization:  Cavanagh chairs the International Forum on Globalization's Alternatives Task Force, which brings together leading visionaries from around the world to articulate a positive vision for reshaping the institutions and rules that govern the global economy. In 2004, the Task Force produced a 2 nd edition of the book “Alternatives to Economic Globalization: A Better World is Possible” and is hosting a series of regional alternatives workshops around the world to gather input on these ideas.
    • A Progressive Response to Outsourcing: As the trend of outsourcing U.S. service jobs to low-wage countries accelerates, American workers face heightened insecurity. The Global Economy Project is working with others in the United States and India to develop a policy agenda that addresses the needs of workers and the poor in both countries.

    2.  Research and Education

    The Project monitors the impact of existing international economic policies and global corporations and helps communicate this information to the general public through the media, workshops, and written materials. A few highlights of this work include:

    • CEO Pay: Each year, the project collaborates with United for a Fair Economy in Boston to produce a study on the growing gap between executive and worker pay. The studies have received widespread media attention and served as tools for activists fighting growing inequality. Click here to read Executive Excess 2004: Outsourcing, Unexpensed Stock Options and Rising CEO Pay.
    • Global Outsourcing: IPS is conducting research on this growing trend, with the goal of providing an accurate picture of who is benefiting and who is being hurt by the global outsourcing of U.S. service jobs.
    • Field Guide to the Global Economy: Anderson,
    • Cavanagh, and Thea Lee of the AFL-CIO have written a 2 nd edition of this popular, accessible book on corporate-driven globalization and the growing citizens backlash. To be published in May 2005, the book will serve as a basis for popular education workshops by Anderson and Cavanagh with community-based groups across the United States.
    • Wal-Mart: IPS is conducting research on the impact of the Wal-Mart business model and the firm’s dominance of the global marketplace on workers and communities in the United States and around the world. It is also developing educational materials on the links between the discount giant and global trade policies, as part of an effort to engage trade activists in a national Wal-Mart campaign.