National Autonomy and Economic Development: Critical Perspectives on Multinational Corporations in Poor Countries

1971 ◽  
Vol 25 (3) ◽  
pp. 675-692 ◽  
Author(s):  
Peter B. Evans
Keyword(s):  
Economic Development ◽  
Multinational Corporations ◽  
Multinational Corporation ◽  
Developed Countries ◽  
Main Concern ◽  
Less Developed Countries ◽  
Poor Countries ◽  
National Autonomy ◽  
Critical Perspectives

Whether or not less developed countries can better realize their economic aspirations by strengthening their ties with developed countries will remain in dispute as long as there are rich and poor countries. Dispute will be particularly sharp while the main instruments of such interconnection are identifiable institutions like the multinational corporation. It is easier to map the growth of the multinational corporation than to assess its consequences, but the need for an assessment cannot be ignored. As this essay's subtitle suggests, my main concern is consideration of arguments which are critical of the role of the multinational corporation.

Varieties of Compressed Development

2020 ◽  
pp. 113-138
Author(s):  
D. Hugh Whittaker ◽  
Timothy J. Sturgeon ◽  
Toshie Okita ◽  
Tianbiao Zhu
Keyword(s):  
Economic Development ◽  
Developed Countries ◽  
Global Value Chains ◽  
The State ◽  
Value Chains ◽  
Less Developed Countries ◽  
Large Market ◽  
Role Of The State ◽  
Do So

Chapter 5 explores the ways in which less-developed countries experience the era-related effects of compressed development and try to cope with them. Chapter 4 compared late-developer Japan and compressed-developer China, but countries with poor or mixed records of economic development also face the opportunities and constraints of compression, and must do so with institutions, policies, and industries which emerged under prior conditions. Large-market less-developed countries such as Brazil, India, and even China face the era effects of compression, with legacies that are often poorly suited and sometimes antithetical to the demands of global value chains and technology ecosystems. Discontinuities and differences across sectors further complicate the role of the state in the era of compressed development.

scholarly journals Five Freedoms and their Implications for a Less Developed National Economy

Ekonomika ◽  
2004 ◽  
Vol 65 ◽  
Author(s):  
Jonas Čičinskas
Keyword(s):  
Economic Development ◽  
Information And Communication Technologies ◽  
Social Evolution ◽  
International Political Economy ◽  
Developed Countries ◽  
Production Factor ◽  
Less Developed Countries ◽  
Leading Role ◽  
Five Freedoms

The article deals with the issue of the growing role of knowledge as a production factor and its implications for a national economic development. A review of liberalization of goods and services, capital and, however highly selective, labour movement leads to the conclusion that although liberalization extends possibilities for all participating countries to speed up their economic development it does not necessarily serve as an instrument for narrowing the development gap. Deep changes in production processes, linked with rapid changes in information and communication technologies, expose the growing role of knowledge which becomes a separate factor of production. Can knowledge play a role of a factor that could preferentially assist less developed countries in closing the gap in their economic and social evolution? The analysis shows that it rather cannot because the processes and procedures of international political economy are put in action for still the same economic and political goal - to preserve the leading role of developed countries in the global community. Less developed countries, including nations in transition, cannot rely on implementation of all five freedoms in cross-border economic relations, when they aim to narrow the developmental gap; special measures of economic policy. both on the national and international scale, are needed to solve the problem.

'Restrictive Business Practices', report by the UNCTAD Secretariat, April 1972.

1973 ◽  
Vol 12 (3) ◽  
pp. 315-316
Author(s):  
G. M. Radhu
Keyword(s):  
Multinational Corporations ◽  
World Trade ◽  
Developed Countries ◽  
Business Practices ◽  
Less Developed Countries ◽  
International Firms ◽  
The World ◽  
The Sixties ◽  
Financial Power ◽  
Administrative Structures

The report by the UNCTAD Secretariat, submitted to the third session of the United Nations Conference on Trade and Development held in Santiago (Chile) in April 1972, deals with the restrictive business practices of the multinational corporations with special reference to the export interests of the developing countries. Since the world war, there has been a tremendous growth in the size and activities of many international firms. They have grown from the national corporation to the multidivisional corporation and now to the multinational corporation. With each step they acquired greater financial power, better technology and know-how and more complex administrative structures. They have subsidiaries and branches all over the world. In the course of the sixties they became one of the dominant factors in determining the pattern of world trade. At the same time, their increasingly restrictive business practices, which tended to adversely affect world trade and the export interest of less developed countries, attracted the attention of the governments both in developed and less developed countries and serious concern was shown at the international level. It is against this background that the UNCTAD undertook the study on the question of restrictive business practices.

Migration, Poverty, the Role of State, (International) Law and Development in the Industrialised Countries of Europe

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Brian-Vincent Ikejiaku
Keyword(s):  
Middle East ◽  
International Law ◽  
Developed Countries ◽  
The State ◽  
Border Security ◽  
Law And Development ◽  
Poor Countries ◽  
Role Of The State ◽  
Industrialised Countries

Abstract The current radical strategies by which there is, on one hand, an increasing European assistance to developing poor countries of Africa/Middle East and on the other hand, tightened border-security within Europe as a means to reduce migration from the South; may worsen the state of poverty in Europe, particularly on the immigrants and impact on the workforce in Europe with implication on development. Though, these strategies may sound radically appealing, they are however, unlikely to reduce migration flows to Europe. While there is still a “wide development gap” between the poor countries of Africa/Middle East and industrialised countries of Europe, migration will often increase, at least in the next two-three decades. Radical border security in Europe will expose the migrants to human trafficking in different form and manifestation contrary to Article 3 UN Protocol on Trafficking in Person. The paper examines the role of the State and Law and development, in addressing the issues of poverty and migration within the industrialised countries of Europe. The research argues that there is the likelihood that poverty and human right issues will increase in Europe in the near-future, if the State/EU fails to play their role, by changing their policy direction and repositioning themselves by improving their Law and development stance. The research employs the human rights-based approach, interdisciplinary and critical-analytical perspective within the framework of international Law and development. It employs qualitative empirical evidence from developed countries of Europe and poor developing countries for analysis.

CONCEPTUAL PRINCIPLES OF ACHIEVING INTELLECTUAL LEADERSHIP

2021 ◽  
Vol 6 (2) ◽  
pp. 100-104
Author(s):  
Liudmyla Tsymbal
Keyword(s):  
Economic Development ◽  
Intellectual Capital ◽  
Global Economy ◽  
Physical Capital ◽  
Developed Countries ◽  
Educational Process ◽  
High Tech ◽  
The Impact ◽  
Intellectual Leadership

The article identifies the key conceptual foundations for the formation of intellectual leadership of economic entities, including countries as specific actors in the global economy. Thorough preconditions for increasing the level of economic development and the impact of education have been identified. It is determined that historical concepts and modern realities of economic activity only actualize the role of education and enlightenment in the economic development of the national economy and ensuring its competitiveness. The strategies of increasing the competitiveness of individual countries of the world are analyzed, their key priorities in the conditions of formation of the knowledge economy are determined. The evolution of views on the role of human and intellectual capital in increasing the welfare of countries, the impact on GDP and other macroeconomic indicators is described. The ratings of countries are analyzed, in particular by the level of investment in intellectual capital and the structure of their GDP, which confirms the dominance of science-intensive economic activities. In addition, it was determined that the leading countries are characterized by increasing the role of knowledge-intensive activities, increasing the share of intangible assets, redistribution of capital of leading international companies and increasing research spending, increasing investment in human and intellectual capital, increasing exports of high-tech products. Analytical assessment confirms the advanced development of science-intensive industries in countries with developed economies, which creates the need for training and retraining of specialists needed for such industries. In modern conditions, the educational process ceases to be predominantly the prerogative of young people, and becomes a lifelong process, which increases spending on education in developed countries, but without denying the significant asymmetries on this indicator. Research confirms the direct relationship between the quality of human and physical capital and economic development, which is typical of highly developed countries, one of the main reasons for the development lag of the poorest countries. In addition, the article substantiates the key factors of intellectual leadership and their impact on the development of economic development strategies.

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