Transnational & Multinational Corporations in the Global Economy

Transnational & Multinational Corporations in the Global Economy PDF Author: Peter Lowe
Publisher:
ISBN:
Category :
Languages : en
Pages : 128

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Book Description
This book (1st edition published in June 2020) examines the factors behind the growth of transnational corporations (TNCs) and multinational corporations (MNCs), and how they have become a major force in the increasing interdependence of national economies through their role in international trade, investment and capital. TNCs & MNCs have undoubtedly become key players in the process of globalisation, and vital to the economic development of emerging economies during recent decades. Yet, the geography of their ownership is also changing. The domination of the USA and Europe, as home to the world's largest companies is being challenged by the emergence of powerful corporations from the newly industrialised countries of Asia, particularly South Korea, India and China.The activities of TNCs & MNCs inevitably lead to significant economic, social and environmental consequences for their host countries, as well as on their own country of origin. Both positive and negative impacts are assessed, while case studies of Apple, BP and Dyson provide additional detailed examination of the characteristics, spatial organisation, growth and impacts of three global corporations. Although they differ in their history and geographical origins, product lines and scale of operations, they share a number of common features with each other, particularly in how their growth has facilitated and exploited the opportunities arising from the process of globalisation.Nevertheless, TNCs & MNCs are not all-powerful. They too can be affected by global events outside their control, illustrated most recently by the economic fallout from worldwide lockdowns. History also suggests that, in the battle for power and influence over economies, large corporations are frequently vulnerable to unpredictable decisions from governments; including sudden tax rises, the removal of 'licences' or even the expropriation of their assets.Chapters: Characteristics & Spatial Organisation of TNCs/MNCsReasons for the Growth of TNCs/MNCsImpacts of TNCs/MNCs on Host CountriesImpacts of TNCs/MNCs on the Country of OriginRole of TNCs/MNCs & Nation States in GlobalisationCase Study of Apple Inc.Case Study of BP plcCase Study of Dyson Ltd.Numerous discussion questions and multiple-choice review questions are included, along with graphs and photos, to create a more interactive and educational experience for the reader.It will be of relevance to A Level and IB Geography teachers and students, as well as anyone with an interest in the nature and impacts of transnational & multinational corporations, and their role in the global economy.

Transnational & Multinational Corporations in the Global Economy

Transnational & Multinational Corporations in the Global Economy PDF Author: Peter Lowe
Publisher:
ISBN:
Category :
Languages : en
Pages : 128

Get Book Here

Book Description
This book (1st edition published in June 2020) examines the factors behind the growth of transnational corporations (TNCs) and multinational corporations (MNCs), and how they have become a major force in the increasing interdependence of national economies through their role in international trade, investment and capital. TNCs & MNCs have undoubtedly become key players in the process of globalisation, and vital to the economic development of emerging economies during recent decades. Yet, the geography of their ownership is also changing. The domination of the USA and Europe, as home to the world's largest companies is being challenged by the emergence of powerful corporations from the newly industrialised countries of Asia, particularly South Korea, India and China.The activities of TNCs & MNCs inevitably lead to significant economic, social and environmental consequences for their host countries, as well as on their own country of origin. Both positive and negative impacts are assessed, while case studies of Apple, BP and Dyson provide additional detailed examination of the characteristics, spatial organisation, growth and impacts of three global corporations. Although they differ in their history and geographical origins, product lines and scale of operations, they share a number of common features with each other, particularly in how their growth has facilitated and exploited the opportunities arising from the process of globalisation.Nevertheless, TNCs & MNCs are not all-powerful. They too can be affected by global events outside their control, illustrated most recently by the economic fallout from worldwide lockdowns. History also suggests that, in the battle for power and influence over economies, large corporations are frequently vulnerable to unpredictable decisions from governments; including sudden tax rises, the removal of 'licences' or even the expropriation of their assets.Chapters: Characteristics & Spatial Organisation of TNCs/MNCsReasons for the Growth of TNCs/MNCsImpacts of TNCs/MNCs on Host CountriesImpacts of TNCs/MNCs on the Country of OriginRole of TNCs/MNCs & Nation States in GlobalisationCase Study of Apple Inc.Case Study of BP plcCase Study of Dyson Ltd.Numerous discussion questions and multiple-choice review questions are included, along with graphs and photos, to create a more interactive and educational experience for the reader.It will be of relevance to A Level and IB Geography teachers and students, as well as anyone with an interest in the nature and impacts of transnational & multinational corporations, and their role in the global economy.

Transnational Corporations and the Global Economy

Transnational Corporations and the Global Economy PDF Author: Richard Kozul-Wright
Publisher: Springer
ISBN: 1349265233
Category : Business & Economics
Languages : en
Pages : 442

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Book Description
This book brings together papers written by representatives from UN agencies and academics who take a fresh look at the expanding role of transnational corporations and foreign direct investment in the world economy. These papers deal with such issues as the nature and extent of globalisation, the shifting relations between transnational corporations and national economies, and the opportunities and obstacles facing policy makers in the rapidly changing global economy.

Global Goliaths

Global Goliaths PDF Author: James R. Hines
Publisher: Brookings Institution Press
ISBN: 0815738560
Category : Business & Economics
Languages : en
Pages : 585

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Book Description
How multinationals contribute, or don't, to global prosperity Globalization and multinational corporations have long seemed partners in the enterprise of economic growth: globalization-led prosperity was the goal, and giant corporations spanning the globe would help achieve it. In recent years, however, the notion that all economies, both developed and developing, can prosper from globalization has been called into question by political figures and has fueled a populist backlash around the world against globalization and the corporations that made it possible. In an effort to elevate the sometimes contentious public debate over the conduct and operation of multinational corporations, this edited volume examines key questions about their role, both in their home countries and in the rest of the world where they do business. Is their multinational nature an essential driver of their profits? Do U.S. and European multinationals contribute to home country employment? Do multinational firms exploit foreign workers? How do multinationals influence foreign policy? How will the rise of the digital economy and digital trade in services affect multinationals? In addressing these and similar questions, the book also examines the role that multinational corporations play in the outcomes that policymakers care about most: economic growth, jobs, inequality, and tax fairness.

Transnational Corporations and Human Rights

Transnational Corporations and Human Rights PDF Author: Gwynne L. Skinner
Publisher: Cambridge University Press
ISBN: 110719931X
Category : Business & Economics
Languages : en
Pages : 199

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Book Description
This account of business-related human rights violations details the barriers victims face when seeking remedies and offers policy solutions.

Global Economy, Global Technology, Global Corporations

Global Economy, Global Technology, Global Corporations PDF Author: National Research Council
Publisher: National Academies Press
ISBN: 0309058473
Category : Political Science
Languages : en
Pages : 107

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Book Description


Globalization and Progressive Economic Policy

Globalization and Progressive Economic Policy PDF Author: Dean Baker
Publisher: Cambridge University Press
ISBN: 9780521643764
Category : Business & Economics
Languages : en
Pages : 536

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Book Description
Prominent economists analyze the impact of the emerging global economy on national sovereignty and standards of living.

Big Business, Poor Peoples

Big Business, Poor Peoples PDF Author: John Madeley
Publisher: Bloomsbury Publishing
ISBN: 1848133758
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
Transnational corporations are one of the most important actors in the global economy, occupying a more powerful position than ever before. In their persistent battle to increase profits, they have increasingly turned to the developing world, a world that holds many attractions for them. But what is their impact on the poor? Now in its second edition, Big Business, Poor Peoples finds that these corporations are damaging the lives of millions of poor people in developing countries. Looking at every sector where transnational corporations are involved, this vital book is packed with detail on how the poor are affected. The book exposes how developing countries' natural resources are being ceded to TNCs and how governments are unwilling or unable to control them. The author argues that TNCs, answerable to no one but their shareholders, have used their money, size and power to influence international negotiations and taken full advantage of the move towards privatization to influence government policies; sovereignty is passing into corporate hands, and the poor are paying the price. But people are fighting back: citizens, workers, and communities are exposing the corporations and looking for alternatives. The first edition of this path-breaking book put the issue of transnational corporations and the poor firmly on the agenda. This second edition contains significant new and updated material and is an essential read for anyone who wants to know more about the effects of corporate power on the poor.

The Rise of Transnational Corporations from Emerging Markets

The Rise of Transnational Corporations from Emerging Markets PDF Author: Karl P. Sauvant
Publisher: Edward Elgar Publishing
ISBN: 1848441460
Category : Business & Economics
Languages : en
Pages : 415

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Book Description
Having undertaken billions of FDI in many continents and nations, between Argentina and the PRC, I consider Dr Sauvant s book an eye-opener, a new page, showing us a new super highway. The OFDI volume of emerging markets today, surpassing the entire FDI volume of not even 20 years back, is a signal of success of the free market economy. It signals also the end of privileges for the Europeans. It reflects entrepreneurship at its best on the part of the fast developing nations of Asia. It shows that free access to know how and capital has permitted Asia to catch up at an unprecedented speed. Contrary to often repeated but wrong opinions, the poor of the world have benefited the most by globalization. A market place of unimaginable potential is under construction in the first half of the 21st century, accelerated by FDI. This book should find many readers, particularly among the political leaders of today and tomorrow. Carl H. Hahn, Chairman Emeritus of Volkswagen AG This comprehensive analysis deals with the range of issues raised by the rise of transnational corporations from emerging markets. This insightful book shows that foreign direct investment (FDI) from emerging markets has grown from negligible amounts in the early 1980s to $210 billion in 2007, with the stock of investment now being well over $1 trillion. This reflects the rise of firms from these economies to become important players in the world FDI market. The contributors to this book comprehensively analyze the rise of emerging market TNCs, the salient features of the transnational activities of these firms, the relationship of outward FDI and the competitiveness of the firms involved, their impact on host and home countries and implications for the international law and policy system. The subject of this study is both topical and important and poses a number of challenges that will require considerable policy attention in the future. It will appeal to academics interested in FDI as well as emerging markets. Karl P. Sauvant has gathered together a group of leading academics that makes this an informative and valuable read for anyone interested in the subject, including academics, students at all levels and private sector entities, as well as government officials dealing with outward FDI.

The Rise of the Global Company

The Rise of the Global Company PDF Author: Robert Fitzgerald
Publisher: Cambridge University Press
ISBN: 0521849748
Category : Business & Economics
Languages : en
Pages : 635

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Book Description
Readable, wide-ranging history of multinational enterprise, exploring its role in international events and influence on globalization and the modern world.

Corporate Citizen

Corporate Citizen PDF Author: Oonagh E. Fitzgerald
Publisher: McGill-Queen's Press - MQUP
ISBN: 1928096948
Category : Business & Economics
Languages : en
Pages : 446

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Book Description
The contributors to Corporate Citizen explore the legal frameworks and standards of conduct for multinational corporations. In a globalized world governed by domestic and international law, these corporations can be everywhere and nowhere at once, reaping financial benefits and enjoying the protections of investor-state arbitration but rarely being held accountable for the economic, environmental, and human rights harms they may have caused. Given the far-reaching power and success of the transnational corporation, and the many legal tools allowing these companies to avoid liability, how can governments protect their citizens? Broad-ranging in perspective, colourful and thought-provoking, the chapters in Corporate Citizen make the case that because the success of corporate global citizenship risks undermining national and international democratic governance, the multinational corporation must be more closely scrutinized and controlled – in the service of humanity and the protection of the natural environment.