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Contrary to popular belief, multinationals in poor countries often employ skilled workers and pay high wages.
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The critics are especially irritated by what they regard as the multinationals' belief that the world should play by their rules.
"But it reflects the secretary general's genuine personal belief in the necessity of a multinational force".
TI targets corruption at every level, from local governments to multinational corporations, in keeping with its belief that corruption creates and perpetuates poverty, weakens democracy, distorts national and international trade, endangers national security, and threatens natural resources around the world.
Investment should be based on that platform, not a belief that the sum total of policies benefitting multinational corporations and U.S. foreign policy work out for the rest of us.
The marketmaker will take orders from a mix of clients from American multinationals repatriating profits, to Asian central banks manipulating their currency whose beliefs are as diverse as their motives.These orders represent opinions, backed by money.
Madonna can be described as a rock star (and not just a disco performer or teen idol) because she articulated rock culture's defining paradox: the belief that this music produced, promoted, and sold by extremely successful and sophisticated multinational corporations is nonetheless somehow noncommercial.
(Would you want to live in a pre-industrial village?) I also heard claims that rural poverty in the third world is mainly the fault of multinational corporations -- which is just plain wrong, but is a convenient belief if you want to think of globalization as an unmitigated evil.
The bulk of this haemorrhage, contrary to popular belief, is not through the laundering of corrupt money but through commercial activities, and particularly through multinational corporations.
Within policy and academic circles, there is a widespread belief that as a result of the intensifying globalization of the world's economies, the presence of multinational firms has become increasingly important for the growth, competitiveness and long-term welfare of regions and countries around the world [30].
Multinationals are alarmed.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com