Nye Jr., Joseph S.
October 1974
Foreign Affairs;Oct74, Vol. 53 Issue 1, p153
Academic Journal
This article discusses the rising political prominence of multinationals business enterprises. As dramatic as the rise of the multinational corporation has been its increased political prominence. The very term implies a political visibility not associated with the words "direct investment" that were used a decade ago. In the past two years the role of these spreading enterprises has been debated in the many international organizations. To the common (and oversimplified) question whether multinational corporations are likely to render the sovereignty of the nation-state obsolete, the answer surely is a qualified "no." The multinationals are undoubtedly a large force to be reckoned with. There are currently some 200 large multinational enterprises or clusters of corporations which operate simultaneously in 20 or more different nations and are joined together by common ownership and management strategy. For the foreseeable future, the two kinds of entities will continue to coexist, in uneasy tension.


Related Articles

  • SOUTH PACIFIC COMMISSION.  // International Organization;Spring63, Vol. 17 Issue 2, p508 

    This article presents a summary of the activities of the South Pacific Commission. The fifth South Pacific Conference was held on July 18-27, 1962. Topics discussed by the standing committees and in the preliminary sessions of the Conference mainly related to economic and social development and...

  • ORGANIZATION FOR ECONOMIC COOPERATION AND DEVELOPMENT.  // International Organization;Winter63, Vol. 17 Issue 1, p300 

    This article presents a summary of the activities of the Organization for Economic Cooperation and Development (OECD). Representatives of the OECD governments, composed of France, Greece, Italy, Portugal, Spain and Turkey, and the government of Yugoslavia signed an agreement setting up the...

  • ECONOMIC AND SOCIAL COUNCIL.  // International Organization;Winter64, Vol. 18 Issue 1, p132 

    This article presents a summary of activities of the Economic and Social Council (ECOSOC) of the United Nations. The 36th session of ECOSOC was held from July 2, 1963 to August 2, 1963. Economic matters discussed include: the reports of the regional economic commissions; world economic trends;...

  • Dependence, dependency, and power in the global system: a structure and behavioral analysis. Caporaso, James A. // International Organization;Winter78, Vol. 32 Issue 1, p13 

    Although there is already a huge literature on dependence in international relations, many fundamental conceptual issues remain unresolved. Is the pattern of dependence of advanced industrial states on one another different in kind or only in degree from the dependence of peripheral capitalist...

  • Trading finance and liberalism. Dudley, Dominic // MEED: Middle East Economic Digest;9/14/2007, Vol. 51 Issue 37, p8 

    This article analyzes the impact of liberal attitudes of Malaysia on investments into the country by companies from the Middle East. According to the author, the flow of money into Malaysia is predicted to expand. However, he discovers that there are some diplomatic difficulties. He finds that...

  • Transnational Company - Main Player of Economic Life Globalization. Alina, VoiculeĆŁ // Ovidius University Annals, Series Economic Sciences;2014, Vol. 14 Issue 1, p68 

    Most often, when one speaks of world power, what is highlighted is the ability of a country or group of countries to impose its/their will on another country, either in a positive way by free acceptance, or in a negative way, by coercion or sanctions. Yet, under the current circumstances where...

  • THEORIES OF THE MULTINATIONAL ENTERPRISES - TWO DIFFERENT APPROACHES. Claudia, OGREAN; Mihaela, HERCIU // Studies in Business & Economics;Apr2012, Vol. 7 Issue 1, p138 

    Multinational enterprises - as key determinants and results (in the same time) of the globalization process that characterize the economic world nowadays - know a lot of different approaches in the academic literature; this is a consequence of the refinement (in time) of the (firm's)...

  • Transnational Corporations as Steering Subjects in International Economic Law: Two Competing Visions of the Future? Nowrot, Karsten // Indiana Journal of Global Legal Studies;Summer2011, Vol. 18 Issue 2, p803 

    Transnational corporations (TNCs) not only occupy an important status as economic actors on the international scene, but they are also political actors who are increasingly involved in the progressive development and enforcement of the regulatory structures of the international economic system....

  • The Role of Multinationals in Economic Development: The Benefits of FDI. Harrison, Ann // Columbia Journal of World Business;Winter94, Vol. 29 Issue 4, p6 

    This article looks at the role of multinationals in economic development. Within policy circles, there is an ongoing debate over the economic and social impact of multinationals in developing countries. The research concentrate on four issues: issues: the role of multinational enterprises in...


Read the Article


Sign out of this library

Other Topics