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At this year's security equipment convention — in Shenzhen, the center of China's security industry — multinationals competed with Chinese companies to offer high-tech products, as police officials from around the country browsed the booths.
A new analysis of the tax proposals Democratic Presidential candidate Hillary Clinton has detailed so far, finds they would raise $1.1 trillion in additional revenue over the next decade, and another $2.1 trillion in the decade after that, at the expense of high earners, wealthy heirs, investors, the fossil fuels industry, multinationals, and any pretense of tax code simplicity.
"If we fail to protect Virunga," says Dyer, "that sets a precedent for other protected areas threatened by extractive industry multinationals [to be exploited as well]." Many Congolese seem to be aware of the risks of environmental degradation.
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Before the government nationalized the industry, multinational firms accounted for more than four-fifths of production.
This study demonstrates that across the pharmaceutical industry, multinational corporations are making significant and diverse CSR efforts influencing health in LMICs.
We use a unique transaction-level dataset of reserve acquisitions by oil-industry multinationals compiled by IHS Herold to examine managerial decisions to reveal or withhold value-relevant information about firm investment.
Across a broad swath of industries, multinationals are losing ground in emerging markets to local players.
In the absence of industry reform, multinationals such as those mentioned above must take responsibility.
"The establishment of many industries and multinationals may have inundated its coffers.
When she announced her candidacy she criticised the "financial industry" and "multinational corporations" that have "created huge wealth for a few by focusing too much on short-term profit and too little on long-term value, too much on complex trading schemes and stock buy-backs, too little on investments in new businesses, jobs and fair compensation".
We have seen that things cannot continue as they have since the Clintons and their allies turned the Democratic Party into a doormat for the financial industry and multinational corporations.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com