Globalization And Transnational Corporations
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GLOBALIZATION AND TRANSNATIONAL CORPORATIONS
Economic integration as a hallmark of globalization

FDI increase

Increase of international currency transactions

Growth of marginal courtiers
Global blessing or contagious disease?

Asian crisis
Capitalism not yet fully globalized?

Core of the economy –30 countries: Asian Pacific, Western Europe, North America

Geopolitical changes: Soviet Union demise

Unequal development of technology
Global labor, multinational companies and human right

Humanitarian concerns in Asia

Authoritarian governments’ pacifying policy
“ Globaphobia ”

US and Western European wages and jobs
WAWASAN 2020 by William Greider

Corporations’ thirst to reduce costs

Political transactions of poor countries against the principles of free market

Special favors in commerce: state subsidies, exemption form taxation, government suppression of workers, no import duties.

Primitive cultures and modernity

Multinational corporations and the problem of insecurity

Global jobs auction
THE JOYS OF GLOBAL INVESTMENT by T.C. Fishman

The movement of American money into stocks across borders( increase by 600% to $1.5 trillion in 1994)

Investing in international stocks directly, through mutual funds or pension accounts.

Two new products: global funds, and international funds

The assets of those funds (growth from $ 5.2 billion to $ 264 billion in 1996)

Stocks and international investors in former Eastern bloc, Asia, Africa

Collective greed and collective fear

US and Western European

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Collective Greed And New Products. (July 2, 2021). Retrieved from https://www.freeessays.education/collective-greed-and-new-products-essay/