Encouraging productive skills development through promotion of transnational corporate activity
Providing human resource development through growth of TNCs
The actual contribution of transnational corporations (TNC) to human resource development and the quality of employment they provide varies depending on TNC strategies and structures. It may be tempting for government and trade unions to seek to slow the global expansion of TNCs to protect old established jobs, but it has to be recognized that globalization is a firmly entrenched process which to an increasing extent is becoming a parameter of national economic development. In many ways TNCs provide their affiliates in developing countries with better wages, conditions of work and social security benefits and help workers to acquire better skills. On the other hand competition between countries to attract foreign investment may tempt governments to cut down on social and labour standards -- especially trade union rights -- in the hope of securing extra jobs.
Transnational corporations tend to provide higher-paying and more attractive jobs, on average, than domestic firms, and in addition attract a higher-skilled and competitive workforce.
The fast food industry has helped pioneer employment practices based on low pay and few rights coupled with arduous production-line work. On top of this they have pioneered, world-wide, a psychology of control over their 'crews' to motivate their young workers to identify with idiotic company goals rather than their own individual and collective needs and rights.
The Encyclopedia of World Problems and Human Potential is a unique, experimental research work of the Union of International Associations. It is currently published as a searchable online platform with profiles of world problems, action strategies, and human values that are interlinked in novel and innovative ways. These connections are based on a range of relationships such as broader and narrower scope, aggravation, relatedness and more. By concentrating on these links and relationships, the Encyclopedia is uniquely positioned to bring focus to the complex and expansive sphere of global issues and their interconnected nature.
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