Problem
Domination of countries by transnational corporations
Experimental visualization of narrower problems
Other Names:
Intimidation of countries by multinational enterprises Nature:
The sheer size, the seeming power, and the evident alternatives of transnational enterprises fill national leaders with a sense of diluted control over the economic life of their own countries.
Incidence:
[Developing countries] As seen through the eyes of leaders of developing countries, transnational enterprises seem to have more options than the countries that the leaders represent. Mutual suspicion continues to exist because of the asymmetry in bargaining power and disagreements concerning the process of technology transfer, the development of natural resources, and the use of the environment.
Broader Problems:
OligopoliesEconomic imperialismOrganizational empire-buildingUnethical practices of transnational corporations Narrower Problems:
Labour tensions involving transnationalsMinimal export promotion by transnational corporationsHarmful effects of advertising by transnational corporationsInsensitivity of transnational corporations to consumer needsExploitative financial policies of transnational corporationsIncreasing income disparity due to transnational corporationsInadequate investment of transnational corporations in host countriesNon-responsiveness of transnational corporations to pharmaceutical needsDisruption of cultural and social identities in host countries by transnational corporations Related Problems:
Underdevelopment of countriesDomination by transnational corporations of the domestic name-brand food sector Aggravates:
Destabilization of social systemsRestraint on development by transnational corporationsDenial of right to equality between states References:
Dev, Som: Multinational Corporations and the Third WorldBornschier, V and Chase-Dunn, C: Transnational Corporations and Under-DevelopmentAllen, Robert and Jones, Tara: Guests of the Nation: the people of Ireland versus the multinationals Subject(s):
Commerce → MultinationalsSocietal Problems → Imbalances
Societal Problems → Maltreatment
Related UN Sustainable Development Goals:
Problem Type:
E: Emanations of other problems Date of last update
04.10.2020 – 22:48 CEST