Ören, Kenan
June 2004
Ekev Academic Review;Summer2004, Vol. 8 Issue 20, p25
Academic Journal
Global corporations are the giant enterprises which run worldwide and develop global strategies in investment and trade. The production and sale quantities of these corporations are bigger than the Gross Domestic Products (GDP) of most of the countries in the world. Neverthless, global employment volume is quite low. This paradox shows that while corporations turn into global ones, the unemployment rate and poverty of masses are increasing. That is there is a deep gap between the production volume and employment quantities of these corporations and this gap is getting deeper as cumulative in the technological development course. In this study, it has been found out that the contributions of global corporations to employment are few if any and they accelerate the increase of unemployment rate which causes the poverty of masses all over the world with the case of "General Motors".


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