scholarly journals Multinational Corporations and the Politics of International Trade in Multidisciplinary Perspective

2020 ◽  
Vol 22 (4) ◽  
pp. 573-586
Author(s):  
Grace A. Ballor ◽  
Aydin B. Yildirim
Keyword(s):  
International Trade ◽  
Multinational Corporations ◽  
Global Economy ◽  
Public Discourse ◽  
The Body ◽  
Regulatory Frameworks ◽  
Multidisciplinary Analysis ◽  
Trade Regimes ◽  
Political Dimensions ◽  
Multidisciplinary Perspective

AbstractFrom the technical analyses of wide ranges of scholars to the public discourse backlashes against globalization, there is a huge volume of work historicizing, quantifying, and problematizing the complex role of multinational corporations (MNCs) in international trade. The body of literature is so large that most readers rely on disciplinary boundaries to narrow the catalog, causing them to miss out on important synergies across fields. By bringing the work of historians, lawyers, and political scientists working on MNCs and international trade into conversation, we offer an expanded perspective. Our collective contribution highlights the political dimensions of MNCs within the frameworks of global economic governance, in which corporations seek to influence trade policies amid rising protectionism and coordinate their activities within industry associations while regulators struggle to hold MNC parent companies accountable to international human rights violations across their value chains. Especially in this moment of re-evaluation — and possible de-globalization following the shock of COVID-19 — our multidisciplinary analysis explains how MNCs exerted political power over trade regimes in the past, by what means they seek to shape regulatory frameworks in the present, and what the possible futures might be for big business operations in a more or less global economy.

Globalisation and the dilemmas of international trade unionism

2000 ◽  
Vol 6 (1) ◽  
pp. 29-42 ◽  
Author(s):  
Rebecca Gumbrell-McCormick
Keyword(s):  
International Trade ◽  
Multinational Corporations ◽  
Trade Union ◽  
Trade Unions ◽  
Global Economy ◽  
Trade Union Movement ◽  
Labour Movement ◽  
Trade Unionism ◽  
Union Movement ◽  
Economic Developments

This article presents the author's reflections on the possibilities of a restructuring of the international trade union movement, on the basis of a collective research project to mark the fiftieth anniversary of the International Confederation of Free Trade Unions (ICFTU) which seeks to open a debate within the movement over the lessons to be learned from its history as a guide for its future action. The most important question facing the trade union movement today is what is generally called 'globalisation', a phenomenon that goes back many years, both in terms of economic developments and labour struggles. From this perspective, the paper examines the basis for the existing divisions of the international labour movement, before going over the work of the ICFTU and of the International Trade Secretariats (ITSs) to achieve the regulation of the multinational corporations and of the international economy, and concluding on the prospects for unity of action in the unions' work around the global economy.

scholarly journals The Transformation of International Trade Unionism in the Era of Globalization

Just Labour ◽  
1969 ◽  
Author(s):  
Reynald Bourque ◽  
Marc- Antonin Hennebert
Keyword(s):  
International Trade ◽  
Multinational Corporations ◽  
Trade Union ◽  
Global Economy ◽  
Structural Changes ◽  
The Other ◽  
World Congress ◽  
Trade Unionism ◽  
The One ◽  
Second World

Following the Second World Congress of the International Trade UnionConfederation (ITUC) held from June 21 to 25, 2010in Vancouver, this articleexamines the changes undergone by international trade unionism in recent years.The increasing power of multinational corporations,as a result of globalization,has led to a transformation in international tradeunionism which has produced areorganization of its structures and the emergenceof new forms of action toensure the protection of workers’ rights worldwide.The key argument of thisarticle is that the evolution of the structures andpractices of international tradeunion organizations over the last two decades has been characterized by theimplementation of strategies aimed, on the one hand, at reinforcing trade unionunity and, on the other hand, at targeting multinational corporations. Lastly,although the transformation of international tradeunionism has given rise toimportant structural changes, international trade union organizations continue toface formidable challenges in their efforts to effectively contribute to theregulation of the global economy.

INTERNATIONAL TRADE, GLOBALIZATION AND NIGERIAN ECONOMY

2021 ◽  
Vol 9 (2) ◽  
pp. 22-32
Author(s):  
Cosmas Odo ◽  
Kenneth N. Ozoemenam ◽  
Kingsley N. Edeh
Keyword(s):  
International Trade ◽  
Multinational Corporations ◽  
Global Economy ◽  
Negative Impact ◽  
Industrial Countries ◽  
Domestic Markets ◽  
Technological Transfer ◽  
The World Bank ◽  
Technological Base ◽  
Optimal Resource

Protagonists of free trade such as the World Bank and IMF are loud in proclaiming the virtues of international trade and globalization. They are quick to point out that granting free rein to these concepts would not only lead to optimal resource allocation but also engender growth in global economy. This paper sought to probe the veracity of these claims in the context of a developing economy like Nigeria. The paper first clears up conceptual issues involved and later cast the operations of these phenomena within the Nigerian economic setting. It was found that whereas industrial countries, in joint operation with their multinational corporations, may have benefited immensely from the opportunities created by international trade and globalization, developing countries, characterized by weak technological base and unfavourable macro-economic factors, have hitherto benefitted minimally, but her losses far outweigh her gains such that she could rightly be characterized as a net loser in the competition. It therefore argues that countries like Nigeria should protect their domestic markets from the negative impact of foreign trade and globalization. It however recommends that Nigeria should adopt a selective technological transfer that fits into her domestic need for economic diversification via private sector-led initiatives.   

scholarly journals THE IMPACT OF THE COVID-19 PANDEMIC ON GLOBALIZATION PROCESSES IN THE WORLD ECONOMY

2021 ◽  
Author(s):  
Tetyana Yasinska ◽  
Marta Naychuk-Khrushch
Keyword(s):  
International Trade ◽  
Multinational Corporations ◽  
Global Economy ◽  
World Economy ◽  
High Efficiency ◽  
Driving Forces ◽  
Important Indicator ◽  
The World ◽  
Business Entities ◽  
The Impact

In recent decades, the world economy has been actively moving towards an integrated global economic system, characterized by the reduction of barriers to international trade and investment, "reduction" of distances through the development of modern means of transportation and communication, smoothing cultural differences. This process, called globalization, has become an integral feature of the world economy in recent decades. However, in 2020, the globalization process was affected by quarantine restrictions caused by the Covid-19 pandemic. The study of the features and consequences of such influence is especially relevant given that globalization processes form the environment for the functioning of the subjects of international economic relations. The article analyzes the features and consequences of the COVID-19 pandemic on globalization processes in the world economy. The essence of globalization and its key features, opportunities and threats of the globalization process for international business entities are revealed, the driving forces of globalization are revealed. The impact of the coronavirus pandemic on the dynamics of international trade and world gross domestic product is analyzed. The forecast values of these indicators for 2021-2022, presented by the World Trade Organization, are revealed. The key aspects of the policy of governments in a pandemic are highlighted. The impact of quarantine restrictions on transport and migration worldwide has been demonstrated. The state and prospects of world investments after the pandemic are assessed. Of particular note is the fact that the vast majority of international companies, despite the severe consequences of the pandemic for their activities, have not begun to break their international ties with contractors and focus on domestic production. The production chains of multinational corporations, built over the years to ensure high efficiency, did not break down due to the temporary difficulties associated with the pandemic. This is an important indicator that allows us to say that there are no significant prerequisites for expecting active deglobalization processes in the world. In view of the research, the conclusions on the slowdown of the global economy under the influence of the pandemic and the absence of signs of active deglobalization are formulated and substantiated.

International trade: Research of the reasons for the fall

2019 ◽  
pp. 79-91 ◽  
Author(s):  
V. S. Nazarov ◽  
S. S. Lazaryan ◽  
I. V. Nikonov ◽  
A. I. Votinov
Keyword(s):  
Growth Rate ◽  
International Trade ◽  
Exchange Rate ◽  
Global Economy ◽  
Structural Changes ◽  
Global Value Chains ◽  
Value Chains ◽  
Negative Contribution ◽  
Basic Commodity ◽  
The Impact

The article assesses the impact of various factors on the growth rate of international trade. Many experts interpreted the cross-border flows of goods decline against the backdrop of a growing global economy as an alarming sign that indicates a slowdown in the processes of globalization. To determine the reasons for the dynamics of international trade, the decompositions of its growth rate were carried out and allowed to single out the effect of the dollar exchange rate, the commodities prices and global value chains on the change in the volume of trade. As a result, it was discovered that the most part of the dynamics of international trade is due to fluctuations in the exchange rate of the dollar and prices for basic commodity groups. The negative contribution of trade within global value chains in 2014 was also revealed. During the investigated period (2000—2014), such a picture was observed only in the crisis periods, which may indicate the beginning of structural changes in the world trade.

The impact of exchange rate on price and export of agricultural production

2018 ◽  
Vol 1 (4) ◽  
pp. 9-18
Author(s):  
Rasulov Tulkin Sattarovich ◽  
Khushvaktov Kuvonchbek Ravshanovich
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
Agricultural Production ◽  
Global Economy ◽  
Agricultural Economics ◽  
Agricultural Products ◽  
Pivotal Role ◽  
Price Formation ◽  
International Trade Laws ◽  
The Impact

In today’s world of swiftly increasing global economy and continuously changing international trade laws and technology exchange rate plays a pivotal role in the production, price formation, export and import of agricultural products. For many years exchange rate as an integral part of agricultural economics has been ignored. The present study was intended to investigate exchange rate as an impacting factor on the agricultural production. It also considers the researches that have been carried about the impact of the exchange rate on prices and export of agricultural products, theirs analyses and how much impact it has in the situation of Uzbekistan.

scholarly journals International Trade and Human Capital Investment with Heterogeneous Firms and Workers: Modeling and Analysis

Mathematics ◽  
2021 ◽  
Vol 9 (10) ◽  
pp. 1106
Author(s):  
Jaewon Jung
Keyword(s):  
Human Capital ◽  
International Trade ◽  
Organizational Behavior ◽  
Capital Accumulation ◽  
Global Economy ◽  
Capital Investment ◽  
Investment Decision ◽  
Heterogeneous Firms ◽  
Modeling And Analysis ◽  
Trade Model

Though the importance of organizational behavior and human decision processes within firms for the firm performance has largely been recognized in the business and management literature, much less attention has been devoted to studying such implications in the international trade context. This paper develops a general-equilibrium trade model in which heterogeneous workers make an investment decision in acquiring advanced managerial skills and choose their optimal effort level based on their comparative advantage. In doing so, we show how globalization-induced human capital accumulation within firms leads to sustainable economic growth. We also show that workers’ organizational belief and CEO’s managerial vision may be an important element for the human capital formation within firms and for the performance of firms in a global economy.

Trade and Spatial Growth

2017 ◽  
Vol 18 (1) ◽  
pp. 94-111
Author(s):  
Sirimal Abeyratne ◽  
N. S. Cooray
Keyword(s):  
International Trade ◽  
Comparative Advantage ◽  
Global Economy ◽  
Spatial Concentration ◽  
Trade Theory ◽  
Missing Link ◽  
Spatial Growth

Comparative advantage is based on ‘locational factors’ so that trade leads to growth and its spatial concentration. Until recently, the nexus between trade and spatial growth received little space within trade analyses though it did not appear to be a missing link in initial contributions to trade theory. The reshaping of the global economy with greater integration has called for analyses of trade and spatial growth. This article examines theoretical premises of the link between international trade and spatial growth, and the implications of reshaping of the global economy for the study of spatial growth within trade theory.

Women-Led Businesses: An Ethnographic Study of Gendered Entrepreneurship in Gilgit-Baltistan, Pakistan

2020 ◽  
Vol 15 (3) ◽  
pp. 398-414
Author(s):  
Humera Dinar
Keyword(s):  
Global Economy ◽  
Ethnographic Study ◽  
Development Model ◽  
High Mountain ◽  
Mountain Communities ◽  
Women's Participation ◽  
Neoliberal Development ◽  
Political Dimensions ◽  
Cultural Pressures ◽  
Gilgit Baltistan

As a result of the growing global economy and a development model with entrepreneurialism at its heart, women in remote and high-mountain societies in Gilgit-Baltistan, the northernmost part of Pakistan, have begun to venture outside the traditional and gendered economies by embarking on new forms of income-generating activities. This ethnographic study of women entrepreneurs in Gilgit-Baltistan, Pakistan, provides a critical analysis of the promotion of women’s entrepreneurship as a key strategy by development organizations to address gender inequities. The ethnographic accounts of women’s diverse experiences as entrepreneurs featured in this article demonstrate that the neoliberal development model and the global capitalist market serve as an opportunity for women in these high-mountain communities that allows them to push against socio-cultural pressures. Within these environments, women strive to become economic actors and make space for themselves in conventionally male-dominated economic trades such as business and entrepreneurship. In contrast to the NGOs’ narratives that glorify women as entrepreneurs in uncontentious ways, my ethnographic research views women as complex subjectivities whose lived experiences are embedded within socio-economic, religious and political dimensions of notions of legitimacy that dictate women’s participation in public spaces. The ethnographic accounts in this article illustrate how women navigate, negotiate, contest and reproduce the patriarchal sovereignties and development regimes.

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