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Transnational Corporations in the New International Economic Order

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  • Jack N Behrman

    (University of North Carolina)

Abstract

This essay assesses the forces and factors which are currently structuring international industry, focusing specifically on the impacts of government policies, the market orientations of TNCs, the nature of different markets around the world, and the effects of different technologies. These forces being uncoordinated are seen as shaping an international industrial order that is not consonant with the objectives of the New International Economic Order (NIEO); consequently, what is expected for the near term is a nationally oriented disintegration of the international economy resulting from struggles over the location of specific industries around the world that will not be resolved cooperatively. The most likely moves toward international industrial integration will occur within key sectors among members of a regional association. At present, it appears unlikely that significant moves will be made toward a new international industrial order in line with the objectives of the NIEO; yet, the TNCs would be effective means of achieving this goal if greater cooperation could be achieved between them and governments.© 1981 JIBS. Journal of International Business Studies (1981) 12, 29–42

Suggested Citation

  • Jack N Behrman, 1981. "Transnational Corporations in the New International Economic Order," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 12(1), pages 29-42, March.
    • Handle: RePEc:pal:jintbs:v:12:y:1981:i:1:p:29-42
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    Cited by:

    1. Daniel Van den Bulcke, 1988. "Entreprises multinationales et pays en voie de développement : vers une déréglementation ?," Revue Tiers Monde, Programme National Persée, vol. 29(113), pages 27-51.
    2. Zhang Y., 23. "Forest industry foreign investments: case study of three companies in China," Scandinavian Forest Economics: Proceedings of the Biennial Meeting of the Scandinavian Society of Forest Economics, Scandinavian Society of Forest Economics, issue 44, May.
    3. Borsos-Torstila, Julianna, . "The Determinants of Foreign Direct Investment Operations of Finnish MNCs in Transition Economies 1990-1995," ETLA A, The Research Institute of the Finnish Economy, number 28.
    4. Mudambi, R. & Mudambi, S. M., 2002. "Diversification and market entry choices in the context of foreign direct investment," International Business Review, Elsevier, vol. 11(1), pages 35-55, February.

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