MNCs: The Sixth Superpower

Worldview ◽  
1974 ◽  
Vol 17 (2) ◽  
pp. 17-24
Author(s):  
Koji Taira ◽  
Guy Standing

The multinational corporation is an obviously important enterprise in the world today. But how important, and in what ways? The gross world product is estimated to be about $3 trillion, the United States accounting for one-third of it. Europe, Japan and Australia produce another third, and the remaining third is produced in the USSR, Eastern Europe, China and developing countries elsewhere in the world. About 15 per cent, or $450 billion, is accounted for by the multinational corporation (MNC), whose output has been increasing at 10 per cent per annum.

2018 ◽  
Vol 40 ◽  
pp. 27
Author(s):  
João Inácio Moreira Bezerra ◽  
Rejane Pergher

High failure rates in the Differential and Integral Calculus courses and the subsequent dropout caused by them are a reason for concern in many universities around the world, both in developing countries such as Brazil and developed ones such as the United States of America. So, it is not surprising that there is lots of interest in researching about this context, and possible ways of action. This is the focus of this article, to study about the origins of this situation, analyzing the causes of the students’ difficulties and presenting Collaborative Learning as an effective way to change this situation. The article is based on data from several universities that have shown interest in this method. The results demonstrate the effectiveness of this practice, both in academic and psychological performance of the students, thus showing the need for a greater incentive of this technique, as well as an intense study of the way it should be done.


Author(s):  
Paula De la Cruz-Fernandez

A multinational corporation is a multiple unit business enterprise, vertically managed, that operates in various countries, called host economies. Operations beyond national borders are controlled and managed from one location or headquarters, called the home economy. The units or business activities such as manufacturing, distribution, and marketing are, in the modern multinational as opposed to other forms of international business, all structured under a single organization. The location of the headquarters of the multinational corporation, where the business is registered, defines the “nationality” of the company. While United Kingdom held ownership of over half of the world’s foreign direct investment (FDI), defined not as acquisition but as a managed, controlled investment that an organization does beyond its national border, at the beginning of the 20th century, the United States grew to first place throughout the 20th century—in 2002, 22 percent of the world’s FDI came from the United States, which was also home to ten of the fifty largest corporations in the world. The US-based, large, modern corporation, operated by salaried managers with branches and operations in many nations, emerged in the mid-19th century and has since been a key player and driver in both economic and cultural globalization. The development of corporate capitalism in the United States is closely related with the growth of US-driven business abroad and has unique features that place the US multinational model apart from other business organizations operating internationally such as family multinational businesses which are more common in Europe and Latin America. The range and diversity of US-headquartered multinationals changed over time as well, and different countries and cultures made the nature of managing business overseas more complex. Asia came strong into the picture in the last third of the 20th century as regulations and deindustrialization grew in Europe. Global expansion also meant that societies around the world were connecting transnationally through new channels. Consumers and producers globally are also part of the history of multinational corporations—cultural values, socially constructed perceptions of gender and race, different understandings of work, and the everyday lives and experiences of peoples worldwide are integral to the operations and forms of multinationals.


Author(s):  
Jose Godinez

Understanding how social entrepreneurship as a tool of financial development has been in the center of the entrepreneurship and management disciplines for the last couple of decades. These studies have furthered our understanding of how social entrepreneurship helps the most vulnerable populations around the world. However, much of the literature on this subject has been devoted to analyze how social entrepreneurship aids such populations in developing locations. While this chapter does not try to diminish the admirable work carried by social entrepreneurs in developing countries, it points out that an analysis of this discipline in a developed location is overdue. To initiate a conversation, this chapter analyzes how institutional voids can arise in a developed location and the role that social entrepreneurship has in closing such gaps and to include vulnerable populations in the formal banking industry in the United States.


Free Traders ◽  
2019 ◽  
pp. 1-31
Author(s):  
Malcolm Fairbrother

This chapter summarizes the main themes of this book, and the theory it proposes of why the governments of so many nations around the world decided to globalize their economies in the late 20th century. The book asks whether the foundations of globalization were democratic, in the sense that politicians’ decisions derived from public opinion and electoral incentives, and also whether globalization as based on mainstream economic ideas. As shown by the cases of Canada, Mexico, and the United States, and the ways they established free trade in North America, the book shows that globalization has been more of an elite than a democratic project, and one based on folk economics rather than expert ideas. Business has been the motor force in developed countries; in developing countries, states have acted more autonomously from domestic business, but they have been more subject to pressure from international financial institutions.


2019 ◽  
pp. 157-164
Author(s):  
Gamonal C. Sergio ◽  
César F. Rosado Marzán

This chapter, the book’s conclusion, summarizes the book’s main points and generally describes how the U.S. case illuminates the utility of Latin America and principled labor law for the rest of the world. It argues that, despite globalization, neoliberalism, labor law crises, and whatnot, many countries have deep traditions, legal and otherwise, that support protecting the weak and, as such, the protective principle and its correlative principles, primacy of reality, nonwaiver, and continuity. If the United States, one of the least labor-protective jurisdictions in the developed world, has the potential of having a labor-protective jurisprudence, other countries might do even better than the United States if they ascribe to principled labor law. In fact, the chapter briefly shows how the United Kingdom’s courts acknowledge primacy of reality (fact) and the protective principle in recent cases dealing with “gig” work. The conclusion also acknowledges that the book has been partial to state-enforced labor law, discussing little the importance of freedom of association. However, it asserts that freedom of association remains a necessary aspect for workers’ rights. As such, the book has provided a necessary but still incomplete toolbox for robust labor law. It concludes by underscoring the need for labor-protective jurisprudence in developed and developing countries alike, and the relevance of Latin America for at least part of that task.


PEDIATRICS ◽  
1982 ◽  
Vol 69 (4) ◽  
pp. 503-504
Author(s):  
Stuart H. Walker

My letter1 called attention to the frequency with which in the United States hypernatremia has been associated with the unsupervised administration of solutions containing sodium in amounts as low as 20 to 50 mmoles/liter.2,3 It has not been demonstrated that solutions similar to that recommended by the World Health Organization (80 to 90 mmoles of sodium per liter), designed for supervised use in the management of the infantile diarrheas of developing countries, are safe in unsupervised use in the United States.


2020 ◽  
Vol 6 (44) ◽  
pp. eabd0288 ◽  
Author(s):  
Kara Lavender Law ◽  
Natalie Starr ◽  
Theodore R. Siegler ◽  
Jenna R. Jambeck ◽  
Nicholas J. Mallos ◽  
...  

Plastic waste affects environmental quality and ecosystem health. In 2010, an estimated 5 to 13 million metric tons (Mt) of plastic waste entered the ocean from both developing countries with insufficient solid waste infrastructure and high-income countries with very high waste generation. We demonstrate that, in 2016, the United States generated the largest amount of plastic waste of any country in the world (42.0 Mt). Between 0.14 and 0.41 Mt of this waste was illegally dumped in the United States, and 0.15 to 0.99 Mt was inadequately managed in countries that imported materials collected in the United States for recycling. Accounting for these contributions, the amount of plastic waste generated in the United States estimated to enter the coastal environment in 2016 was up to five times larger than that estimated for 2010, rendering the United States’ contribution among the highest in the world.


1972 ◽  
Vol 186 (1) ◽  
pp. 269-280 ◽  
Author(s):  
L. J. Kastner

The Engineering Profession in the developed countries has greatly increased in numerical strength in recent years but the future pattern is not clear and forecasts of manpower needs in industry are unreliable. Nevertheless, statistics indicate that the United States has, relative to the industrial population as a whole, a clear advantage in technological manpower in the Western World though Russia may, perhaps, be even stronger. The difficulty of evaluating the evidence is stressed. In the world as a whole international co-operation tends to reduce the inequalities of distribution but an enormous task lies before the developing countries which need to produce and retain many more engineers.


2021 ◽  

Coronavirus disease 2019 is a respiratory sickness that may spread between persons. It is caused by a novel coronavirus that produces an outbreak in Wuhan, China and spread all over the world to become a pandemic. From the appearance of the first case of the new coronavirus in Morocco, Moroccan authorities has spared no effort to promote the health of Moroccans, ahead of that of the country’s economy. On 22 January 2021, 2 million doses, of AstraZeneca COVID-19 vaccine were delivered to Morocco, with a view to vaccinating 1 million Moroccans in a first phase. On 28 January, the campaign started and the King of Morocco was the 1st Moroccan to be vaccinated against the coronavirus. On 27 February 2021, Morocco has received 1 million doses from the Chinese laboratory Sinopharm and 6 million doses of the AstraZeneca vaccine allowing Morocco to vaccinate several audiences and the general public over the age of 60, and the most vulnerable. Thereafter, the COVID-19 vaccine doses administered per 100 people in 31 March 2021 were 115.89 in Israel, 84.01 in the United Arab Emirates, 52.53 in the United Kingdom, 44.93 in the United States, 45.04 in Bahrain, 21.66 in Morocco, 16.44 in Germany, 8.32 in China, 4.72 in India, and 0.44 in South Africa. Also, the population fully vaccinated against COVID-19 in 01 April 2021 were 55.51% in Israel, 22.12% in the United Arab Emirates, 20.08% in Chile, 16.77% in USA, 15.25% in Serbia, 15.14%in Bahrain, 10.21% in Morocco, 8.94% in Hungary, 8.23% in Turkey, 7.29% in UK, 3.07% in Russia, 2.39% in Brazil, 1.70% in Uruguay, 0.70% in India, and 0.45% in South Africa. This allows Morocco to figure in the top 10 countries fully vaccinated against COVID-19 despite the lack of resources and belonging to developing countries. Finally, our study gives an example to other countries to benefit from the Moroccan experience. Nevertheless, vaccination is only one element of a comprehensive COVID-19 strategy, it must be accompanied by measures to reduce circulating infection and keep them low.


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