Globalisation, Multinational Corporation and Regional Development

2002 ◽  
Vol 27 (3) ◽  
pp. 191-198
Author(s):  
L. RathaKrishnan ◽  
K. Santhy

Economic reforms introduced in India during 1991–92 had triggered the process of economic development in the country. It is from this period a structural shift occurred in Indian industry. The liberalization has also facilitated the Indian industries to sell their products throughout the world market. As the multinational Corporation normally own, manage, and control production, they can sell their products all over the world without much difficulty. After the announcement of globalization in India, the number of multinational corporation had increased from 389 (1981) to 2303 (1996), about six fold increase in 15 years period. The present paper examines how multinational corporations help regional development. A case study approach was followed. Both primary and secondary data were collected from the Whirlpool India Limited for a period of 18 years, starting from 1983–84 to 2000–01. By using simple growth rate and regression analysis this study found that there is a favourable shift in employment and infrastructure development in the region. After the establishment of the MNC, the region has received various benefits, namely employment, better road and transportation, local markets, hospitals, street lights, drinking water and other infrastructural facilities. Further more, this MNC has not harmed the growth of tiny and small scale industries in the region. In fact, the MNC has helped many small-scale industries to establish their industries in the region.

Author(s):  
Lya Aklimawati ◽  
Djoko Soemarno ◽  
Surip Mawardi

Development the competitive industries primarily small firms ought to be realized for improving economic growth of a community. Small industries have an important role especially on income equity improvement in rural areas. The objective of this study was to assess industry players motivation for developing their business in coffee processing and also to analyze factors which influence business income focused on micro and small-scale coffee industries in Bondowoso District. Survey method was used in this study for collecting primary and secondary data. A number of respondents were 25 coffee industry players who be determined by judgement sampling method. Data were analyzed by descriptive and statistic method. Multiple linear regression was used in the suspected factors that affect small industries income. The results indicated that the main motivation of industry players in initiating and developing coffee business was financial incentive. Consecutively, indicators that may explain industry player’s motivation were expectation, motive and incentive. Micro and small-scale industries income was affected by raw material, marketing reach, technology and business experience. Meanwhile, micro and small-scale industries income was not affected by labor cost and source of capital.


2015 ◽  
Vol 8 (1) ◽  
pp. 56-68 ◽  
Author(s):  
Oluwagbenga O.I. Orimoogunje ◽  
Janet Asifat

Abstract The continuous dependence of man on fuel and service wood has resulted in serious degradation of the fragile forest ecosystem. Therefore, this study evaluated the sources and patterns of fuel wood and examined the rate of consumption in the study area. This was with the aim to assess the ecological implications of fuelwood consumption on species degradation. The study utilized both, primary and secondary data. Information was extracted from topographic map on the scale of 1: 50,000 and satellites imageries that cover the study area. Questionnaire administration, field observation and weight measurement of fuel wood were carried out. The results showed that the sources of fuel wood for domestic cooking were forest, nearby bush and abandoned farm while the sources of domestic energy were fuel wood (61.17%), charcoal (27%), kerosene (10%), electricity (1.33%) and gas (0.5%). Fuel wood for small scale industries were: forest (49.23%), farmland (34.62) and fallow land (16.15%). The trend of fuel wood consumption was on the high side from 1995 to 2011, it was 58% in 1995, 70% in 2000, 82% in 2005 and 92% in 2010 and 2011 respectively. Many valuable economic tree species such as Triplochiton scleroxylon, Nesogordonia papaverifera, and Cordia spp. are near their extinction. Animals such as antelope, wolf and fox are going into extinction while monkey, grasscutter, hare, rabbit were endemic in the study area. The study concluded that the patterns of fuel wood use and fuel wood saturation presents a great danger for biodiversity products and services.


Author(s):  
Yani - Taufik ◽  
Budiyanto . ◽  
Lukman Yunus ◽  
Rosmawati Basiru

This study aims to reveal the performance and various obstacles faced by small-scale agricultural industries in Southeast Sulawesi. Research, utilizing secondary data published by various government agencies, and primary data on small-scale agricultural industries located in 12 districts in Southeast Sulawesi in 2018. The results showed that small-scale agricultural industries employ 42.01% of the workforce in the sector industry, as well as the investment value which covers 59.73% of industrial sector investment in Southeast Sulawesi, but the value of agricultural products industry products only covers 26.57% of the total value of industrial products in Southeast Sulawesi. This condition is largely caused by small-scale agricultural industries with legal entities that are relatively small, only around 30.48 percent of the total small-scale industries in Southeast Sulawesi. This condition indicates that most small-scale agricultural industries have not experienced and become an obstacle in conducting partnerships with medium and large industries. Furthermore, Competition to obtain raw materials with larger industries in Java also makes it difficult for many local furniture industries to obtain better quality raw materials. Knowledge and skill of the workforce are relatively low compared to advance or big industries. These factors influence the ability to scale agricultural industries to access capital, to create good product design, manage their business as well as expand markets. That is generally the circle of problems that surround small and medium industries in Indonesia. Therefore, in the context of developing small and medium industries, the strategies used cannot be overcome by problems but all comprehensively.


Author(s):  
Paula De la Cruz-Fernandez

A multinational corporation is a multiple unit business enterprise, vertically managed, that operates in various countries, called host economies. Operations beyond national borders are controlled and managed from one location or headquarters, called the home economy. The units or business activities such as manufacturing, distribution, and marketing are, in the modern multinational as opposed to other forms of international business, all structured under a single organization. The location of the headquarters of the multinational corporation, where the business is registered, defines the “nationality” of the company. While United Kingdom held ownership of over half of the world’s foreign direct investment (FDI), defined not as acquisition but as a managed, controlled investment that an organization does beyond its national border, at the beginning of the 20th century, the United States grew to first place throughout the 20th century—in 2002, 22 percent of the world’s FDI came from the United States, which was also home to ten of the fifty largest corporations in the world. The US-based, large, modern corporation, operated by salaried managers with branches and operations in many nations, emerged in the mid-19th century and has since been a key player and driver in both economic and cultural globalization. The development of corporate capitalism in the United States is closely related with the growth of US-driven business abroad and has unique features that place the US multinational model apart from other business organizations operating internationally such as family multinational businesses which are more common in Europe and Latin America. The range and diversity of US-headquartered multinationals changed over time as well, and different countries and cultures made the nature of managing business overseas more complex. Asia came strong into the picture in the last third of the 20th century as regulations and deindustrialization grew in Europe. Global expansion also meant that societies around the world were connecting transnationally through new channels. Consumers and producers globally are also part of the history of multinational corporations—cultural values, socially constructed perceptions of gender and race, different understandings of work, and the everyday lives and experiences of peoples worldwide are integral to the operations and forms of multinationals.


Africa ◽  
1943 ◽  
Vol 14 (4) ◽  
pp. 165-169 ◽  
Author(s):  
R. W. Stopford

Opening ParagraphIn recent years increasing attention has been given to the question of developing small-scale industries in the Colonial Dependencies. It is now generally agreed that such a development is essential in the interests of the territories themselves and for the ultimate benefit of Great Britain and, the world. So enthusiastic indeed has been the acceptance of this new policy that there is now a danger that adequate attention may not be given to the needs of the local communities themselves, the service of which is the main justification for the establishment of these industries. However important it may be for world prosperity that the purchasing power of the peoples of Africa should be raised, it is no less important that every scheme of industrialization should be related to the requirements of the peoples of Africa, and the organization of the industries must be in harmony with local traditions. If this is not done the new industries, whether they are built up on local traditional crafts or are completely ‘exotic’, may prove to be socially disruptive. Every development of this kind has social and political consequences which are as important as the economic results, and which may, indeed, override financial and economic considerations. An increase in the material prosperity of Africa would be paid for too highly if the price should prove to be the disintegration of African society.


2017 ◽  
Vol 3 (2) ◽  
pp. 101
Author(s):  
Havidz Ageng Prakoso ◽  
Ahmad Juhairi

AbstrakGlobalisasi, dalam klaim para globalis, akan membawa kehidupan demokratis ke seluruh dunia sebagai wujud kehidupan yang paling baik. Namun kenyataannya justru sangat kontradiktif, globalisasi telah menciptakan kekuasaan-kekuasaan global yang bersifat  otoriter-oligarkis melalui Lembaga-Lembaga Keuangan Internasional dan Perusahaan-Perusahaan Multinasional yang bekerja sama dengan negara-negara kaya. Karena itu, yang berdaulat dalam era globalisasi bukanlah rakyat sebagaimana dikehendaki demokratisasi, tetapi korporasi-korporasi internasional dan lembaga-lembaga keuangan internasional. Ada dua perspektif yang dapat menjelaskan hubungan demokratisasi dan gerakan anti-globalisasi, yaitu: perspektif anti- globalisasi dan perspektif demokratisasi. Anti-globalisasi adalah sebuah ideologi perlawanan untuk mengakhiri kekuatan korporasi multinasional, IMF, Bank Dunia, dan WTO sebagai instrumen kesepakatan global untuk pertumbuhan ekonomi. Sedangkan demokratisasi adalah realitas faktual perluasan demokrasi sebagai solusi bagi penciptaan kehidupan manusia yang lebih adil dan sejahtera. Gerakan Anti-Globalisasi lahir sebagai koreksi besar terhadap klaim para globalis. Gerakan ini menghendaki terwujudnya demokratisasi yang seutuhnya, yaitu, terwujudnya kedaulatan rakyat yang telah hilang akibat globalisasi dan terpenuhinya kesejahteraan sosial-ekonomi rakyat dan terjaminnya hak-hak sipil mereka.Kata Kunci: Anti-Globalisasi, Demokratisasi, Gerakan AbstractGlobalization in Globalist claim will make the better life in the world. But, in fact the reality is difference because globalization was made the dominance actors in the world which authoritarian-oligarchy like international financial organizations and multinational corporations in cooperation with developed countries. Therefore, in globalization era the sovereignty is always in international financial organizations and Multinational corporation hand, not in the society like what in democratization perspective. There are two prespectives explain about the relation between democratization and anti-globalization movement that is democratization perspective and anti-globalization perspective. Anti-globalization is the ideology which describe the opponent movement to finished the hegemony of Multinational Corporations, IMF, World Bank and WTO in economy consensus. Democratization in the other hand is the reality which explain that the enlargement of democracy is the solution to make the good life for peoples in the world. Anti-globalization movement is born as the correction to globalist claim. This movement has the purposes to make the sovereignty over the peoples which lost because of the globalization and in the other hand to fulfill their social welfare and civil right.Key Words: Anti-Globalization, Democratization, Movement


2020 ◽  
Vol 8 (2) ◽  
pp. 91-101
Author(s):  
PARMITA KHAKHLARI

Purpose of the study: The present paper attempts to trace the development of the weaving industry in Sualkuchi in the Kamrup district of Assam and tries to understand the organizational structure of the Sualkuchi weaving Industry. The paper also tries to identify the avenues of silk products and their marketing. Methodology: In the present research work, an exploratory research design has been adopted. For the primary data, the respondents were selected using purposive sampling and were administered with an interview schedule. Secondary data are collected from Government reports, books, journals and so on. Main Findings: The products produced are mainly used for commercial purposes only. As the handloom industry of Sualkuchi is not thoroughly organized and marketing agencies are diverse, the majority of the weavers rely on middlemen to sell their finished products. A sense of professionalism among the weavers and artisans, creation of facilities for easy and quick marketing of hand-woven products is necessary. The unusual sudden price rise in yarn brings untold misery to the industry in the area as production is against advance orders at a predetermined price. There is a need to innovate designs to capture the global market. Applications: This research work can be used by students, academicians, policymakers and also government agencies for the upliftment and development of small scale industries. Novelty/Originality: The study provides new insight into the problem which might help in formulating policies and programs for the development of this industry, which is technically not always possible. Sociological insights must be made to the existing program for development.


Author(s):  
Joseph M. Siracusa

‘Diplomacy in the age of globalization’ discusses the diplomatic challenges faced by globalization. The diplomacy of the global economic system ranges from the activities of transnational corporations to the interventions of global economic intergovernmental organizations (IGOs), particularly the World Trade Organization. These all have important diplomatic webs that operate both within and outside the traditional diplomatic system. This is also true of non-governmental organizations (NGOs) which play a significant role in filling service gaps in the provision of education, health and welfare, disaster relief, and small-scale infrastructure development left by governments with insufficient resources or insufficient political will.


SAGE Open ◽  
2021 ◽  
Vol 11 (2) ◽  
pp. 215824402110226
Author(s):  
Victor Chukwunweike Nwokocha ◽  
Ogochukwu Christiana Anyanwu ◽  
Ignatius Ani Madu ◽  
Christopher Emmanuel Nwankwo

The outbreak of Coronavirus pandemic has brought with it stagnation in all sectors of the economy, unemployment and loss of jobs, threats of recession, and annihilation of industries across the world. This paper examined the impact of strategic interfirm alliance on small-scale industries (SSI) amid the threat of COVID-19 pandemic in Nsukka, a local geographic space in Nigeria. A survey research design and a questionnaire survey of 82 SSIs were used in the paper. The data for the paper were analyzed using descriptive statistics while tables and percentages were used to illustrate the results. Results in the study revealed that 15.47%, 22.45%, and 44.20% of the respondents have experienced relative increase, increased, and significant increase, respectively, in COVID-19-induced challenges on their operations. The paper also showed that 24.81%, 25.01%, and 34.64% of the industries have experienced relative increase, increase, and significant increase, respectively, in their operations following their use of alliance, while 5.06% and 10.48% have experienced relative and significant decreases. The paper suggests that SSIs in Nigeria should adopt/institutionalize the use of strategic interfirm alliance in their operations in order to survive the COVID-19-induced challenges which have distrupted their production flow.


Author(s):  
Mark Achaku ◽  

This study is based on secondary data and looks at the activities of Multinational Corporation and its impact on global governance from the protests movement point of view. Available data show that multinational corporations derive at least a quarter of their revenue outside their home countries. However, the debate is how significant do they contribute to development or involve in activities that lead to human and economic deprivation of host communities. The study reveals that the benefits are not enough compared to the damages. The multinational corporation uses global governance institutions to back up their interests and always get preferred treatment. The host communities who feel exploited are not happy but the multinational corporations are always innovative so, there is hope towards finding solutions. In this regard therefore, the relevant stakeholders should be engaged towards collective decision making and problem-solving in a participatory manner for effective global governance.


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