scholarly journals Analysis of the Influence of TNCs on the Economy of Developing Countries and Countries with Economies in Transition

2021 ◽  
Vol 8 (3) ◽  
pp. 34-62
Author(s):  
F. Jorubova
Keyword(s):  
Developing Countries ◽  
Complex Network ◽  
Global Economy ◽  
Transnational Corporation ◽  
Foreign Direct Investments ◽  
Critical Factors ◽  
Economies In Transition ◽  
International Production

Formation and expansion of TNCs, particularly in developing countries and countries with economies in transition, is primarily due to a complex network of international production and localisation activities on promising markets at the expense of foreign direct investments (Fdi). These processes every year is increasingly becoming one of the key components of the global economy. Tasks of this paper are to describe the nature and content of the concept of “transnational corporation”, to identify critical factors and characteristics of the modern transnational business in developing countries, countries with economies in transition, and to consider the place and role of TNCs in developing countries and countries with economies in transition.

Global Rules and Private Actors: Toward a New Role of the Transnational Corporation in Global Governance

2006 ◽  
Vol 16 (4) ◽  
pp. 505-532 ◽  
Author(s):  
Andreas Georg Scherer ◽  
Guido Palazzo ◽  
Dorothée Baumann
Keyword(s):  
Global Governance ◽  
Global Economy ◽  
Corporate Citizenship ◽  
Transnational Corporation ◽  
Political Activity ◽  
Business And Society ◽  
Corporate Political Activity ◽  
The Social ◽  
Private Actors

Abstract:We discuss the role that transnational corporations (TNCs) should play in developing global governance, creating a framework of rules and regulations for the global economy. The central issue is whether TNCs should provide global rules and guarantee individual citizenship rights, or instead focus on maximizing profits. First, we describe the problems arising from the globalization process that affect the relationship between public rules and private firms. Next we consider the position of economic and management theories in relation to the social responsibility of the firm. We argue that instrumental stakeholder theory and business and society research can only partially solve the global governance issue, and that more recent concepts of corporate citizenship and republican business ethics deliver theoretically and practically helpful, fresh insights. However, even these need further development, especially with regard to the legitimacy of corporate political activity.

Quotas and Voice - Further Thoughts on Approaches to Reform

Policy Papers ◽  
2006 ◽  
Vol 2006 (34) ◽  
Author(s):  
Keyword(s):  
Developing Countries ◽  
Global Economy ◽  
Medium Term ◽  
Economic Weight ◽  
Cooperative Institution ◽  
The Voice

There is now widespread recognition that addressing quota and voice imbalances across the membership is essential for preserving the effectiveness of the Fund and its credibility as a cooperative institution. As noted in the Managing Director’s Report on Implementing the Medium-Term Strategy,2 members’ quotas have become increasingly out of line with countries’ economic weight in the global economy. In addition, the declining role of basic votes since the Fund was established has weakened the voice of smaller developing countries.

scholarly journals Review HR Perspective toward the Role of Multinational Corporations (MNCs) in Thailand

2018 ◽  
Vol 1 (2) ◽  
pp. 38
Author(s):  
Sineenat Suasungnern ◽  
Nico Irawan ◽  
Atchara Salee ◽  
Ada Marie Gallego Mascarinas
Keyword(s):  
Developing Countries ◽  
Multinational Corporations ◽  
Ethical Behavior ◽  
Foreign Direct Investments ◽  
Public Employees ◽  
Skilled Workers ◽  
Labor Laws ◽  
Instrumental Study ◽  
Quality Program

The study is using a qualitative strategy to describe the HR perspective towards the Role of Multinational Corporations (MNCs) in Thailand by using the pervious instrumental study review. Then, the data was classified into three parts: Part I: MNCs in developing countries; Part II: Overview the context of Thailand; Part III: Review the Role of MNCs in Thailand from the HR Perspective. As Thailand is a developing country which takes into account of globalization activities, hence, MNCs play an important role to enhance the level of economic growth. The developing countries must improve their infrastructure and skilled workers to be reach the competitive advantage among region and attractive to foreign direct investments. The result of the study showed the characteristics in social context in Thailand, how the beliefs of Thai society impact ethical behavior, attitude in business and implications of HR practices. Thai political context is identified the situation of replacement employees. The study describe that the qualification require has go to foreigners rather than Thai workers. Thai labor laws has identified the inequality of Social Security Circumstances between private sector, agricultural workers, and public employees. and the role of MNCs in Thailand from the HR perspective. It shows that HRD systems must be able to enhance and build a quality program to put people to work. 

scholarly journals Współczesna globalizacja: przebieg, czynniki i oznaki metamorfozy procesu

2017 ◽  
pp. 49-96
Author(s):  
Anna Zorska
Keyword(s):  
Global Economy ◽  
World Economy ◽  
Foreign Direct Investments ◽  
Political Factors ◽  
Demographic Situation ◽  
Global Flows ◽  
Nation States ◽  
The World ◽  
Development And Evolution

The article aims at an analysis of changes in development of globalization which took place during the 2007-2008 crisis and the following years of the economic slowdown. The analysis is conducted against the background of the situation in the world economy and includes investigation of changes (dynamics and structures) in global flows of merchandise, exports of services and foreign direct investments. The structural transformation of global flows indicates the increasing share and role of China in the world economy. The significance of transnational corporations in the globalization process calls for portraying the evolution of their activity and relations with nation states and other groups of economic actors. Attention is drawn to changes in the set and forces of key globalization factors, including technological progress (in the age of information revolution), economic, social and demographic as well as political factors. The increasing impacts of evolving States' policies and socio-demographic situation on trends in the global economy are acknowledged. The transformation of globalization factors considerably affects the development and evolution (or metamorphosis) of the investigated process. Six signs of the initiated metamorphosis of globalization, which indicate possible intensification and direction of changes in the futurę development of the process, are discussed

4. The Developing World in the Global Economy

2017 ◽  
Author(s):  
Robert Ahearne
Keyword(s):  
Developing Countries ◽  
World Trade ◽  
Global Economy ◽  
Developing World ◽  
Well Being ◽  
Financial Flows ◽  
Advantages And Disadvantages ◽  
Globalized Economy ◽  
Key Features

This chapter examines the role of developing countries in the contemporary global economy. It first provides an overview of trends in the global economy, taking into account the implications of globalization for the developing world and the question of free trade vs protectionism. It then considers three key features of an increasingly globalized economy and their significance for the developing world: trade, foreign direct investment (FDI), and financial flows. It also discusses the role(s) of developing countries in global trade, the advantages and disadvantages of FDI, and two major components of the global economy that can cause serious economic disruptions: the buying and selling of currencies and stocks and shares in local economies, and the rapid movement of capital across borders. The chapter concludes with an assessment of factors that can reduce the economic well-being of countries in the developing world.

scholarly journals PERSONAL REMITTANCES IN THE EAEU MEMBER COUNTRIES AND THE MAIN PLAYERS OF OTHER REGIONAL ECONOMIC ASSOCIATIONS

2018 ◽  
pp. 98-111
Author(s):  
Zoya A. Tadevosyan
Keyword(s):  
Developing Countries ◽  
Global Economy ◽  
Poverty Reduction ◽  
External Financing ◽  
Industrialized Countries ◽  
Regional Economic ◽  
Financial Flows ◽  
Development Factor ◽  
International Labor

At the turn of the 20th and 21st centuries, the global economy has acquired a new powerful development factor in the form of private remittances due to international labor migration, mainly from developing countries. Remittances represent an important source of external financing for households, particularly in developing countries, and thus can measure the economic contribution of large industrialized countries to poorer countries in terms of financial flows, and the dependence of poorer countries on this kind income. In some countries of the EAEU, economic growth as well as advances in poverty reduction are closely intertwined with trends in the dynamics of migration and remittances from abroad. In order to identify the role of remittances in the EAEU countries, as well as in the main countries of other regional economic associations, the article analyzes the dynamics of transfers and their impact on the economies of countries. 

The United Nations Programme in Public Administration: reinventing itself to help reinvent public administration

2005 ◽  
Vol 71 (2) ◽  
pp. 337-353 ◽  
Author(s):  
Guido Bertucci ◽  
Adriana Alberti
Keyword(s):  
Developing Countries ◽  
United Nations ◽  
Public Administration ◽  
International Institute ◽  
Economies In Transition ◽  
Role Of The State ◽  
Nations Programme ◽  
United Nations Programme ◽  
The United Nations

In a world that is changing rapidly and constantly, public administration needs to be able to respond as rapidly and as effectively as possible to new challenges and priorities. The process of reinvention and revitalization requires vision, knowledge and capacity. The same qualities are required from the United Nations if they are to assist developing countries and countries with economies in transition effectively in their efforts to reform public administration. This article provides an historical excursus of how the conception of the role of the state has changed in the past decades and its impact on developing countries; how instrumental the United Nations was in re-establishing awareness of the role of public administration in development, and the significant preparatory work done in this area by the International Institute of Administrative Sciences (IIAS). The article also illustrates how the United Nations Programme in Public Administration has reinvented itself in order to help reinvent government and singles out some of the emerging challenges in the field of public administration.

A Network of Incubators

2002 ◽  
Vol 3 (4) ◽  
pp. 279-284 ◽  
Author(s):  
Terri Scott
Keyword(s):  
Intellectual Capital ◽  
Global Economy ◽  
Regional Growth ◽  
High Growth ◽  
High Technology ◽  
Critical Factors ◽  
Future Success ◽  
The Creation ◽  
The University

The new global economy is a reality. Regional growth and prosperity depend upon our ability to participate in that economy. Today, small high-growth enterprises, fed by intellectual capital, determine which regions thrive and which merely survive. This paper looks at the creation of a network of incubators developed in Northern Ireland since 1998. The rationale for developing sector-specific business incubators focusing on the research strengths of different campuses of the University of Ulster is explained. The role of the knowledge base in the creation and development of high technology companies and the critical factors to be taken into account for future success are discussed.

scholarly journals A New Era Is Beginning in Central and Eastern Europe: Information and Communication Technology Services Exceed Manufacturing in the Global Production Chain

2021 ◽  
Author(s):  
Ewa Cieślik
Keyword(s):  
Global Economy ◽  
Research Question ◽  
Value Added ◽  
Production Chain ◽  
New Era ◽  
International Production ◽  
Technology Services ◽  
Information And Communication ◽  
European Economies

AbstractThe article compares changes in tendencies of value-added flows and the places held by the Central and Eastern European economies (11 countries: Visegrad countries, Baltic States, Slovenia, Bulgaria, Croatia, and Romania; CEE) in global value chains (GVCs) in manufacturing, services, and their subgroup—information and telecommunication (ICT) services, by relying on the trade in value-added data retrieved from the OECD’s Inter-Country Input–Output Database, available over the period 2005–2015. The objective of this study is to understand the role of these economies in international production linkages applying a value-added methodology. Therefore, the study discusses the role of CEE economies in global economy in terms of forms of participation of services, especially ICT services, in GVCs, including the process of “servicification” of manufacturing. This study led to the verification of two hypotheses: (1) the position of manufacturing in GVCs has been steadily weakening and (2) services, especially ICT services, can have a positive effect on participation of CEE economies in GVCs. The first hypothesis was confirmed by most of analysed countries. The other research question turned out not to be true for all CEE countries, but most of them proved this hypothesis.

Speed, law and the global economy: How economic acceleration contributes to inequality and precarity

2020 ◽  
Vol 33 (3) ◽  
pp. 557-576
Author(s):  
Nicolás M. Perrone
Keyword(s):  
Bargaining Power ◽  
Global Economy ◽  
The European Union ◽  
Economic Relations ◽  
Slowing Down ◽  
International Production ◽  
The World ◽  
The Law ◽  
The International Monetary Fund

AbstractThe law is implicated in many of the relations that produce inequality and precarity in the global economy. It contributes in different ways to the unequal bargaining power between states, capital, and labour. One way that has attracted less attention so far relates to how the law accelerates economic relations. This article examines the role of law in the global economy not by focusing on the international economic institutions, such as the World Trade Organization (WTO), the European Union (EU) or the International Monetary Fund (IMF), but on the transactions that plug maquila workers and freelancers into the global economy. The argument is that the speed of these economic relations favours those who command international production, creating what Hartmut Rosa calls a ‘frenetic standstill’. Importantly, the law can also contribute to changing these bargaining dynamics by slowing down some of these transactions and facilitating their territorial re-embedding. This strategy, however, requires a better understanding of the role of law in transnational networks of contracts as well as more state and non-state international co-ordination: The opposite of nationalist attitudes, such as Brexit and Trump’s trade policy.

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