Globalization and the future of development and democracy in Europe. Conclusions from recent quantitative analyses Cover Image

Globalizacja a przyszłość rozwoju i demokracji w Europie. Wnioski z nowej analizy ilościowej
Globalization and the future of development and democracy in Europe. Conclusions from recent quantitative analyses

Author(s): Arno Tausch
Subject(s): Politics / Political Sciences
Published by: PISM Polski Instytut Spraw Międzynarodowych
Keywords: European Union; Polish Presidency; Democracy

Summary/Abstract: At the time of the most profound world economic crisis since the Great Depression, it might be the appropriate time to reconsider the effects of direct foreign investments on the host countries around the globe. From an East Central European perspective, this question cannot be more relevant... At the centre of this analysis is a summary of research findings about the long-term effects of the penetration of the host countries by multinational corporations (MNCs). This is not to say, as simple-minded populists or nationalists might maintain that investment by multinational corporations is intrinsically harmful. MNC penetration measures the weight that cumulated foreign capital investments have in the host countries, i.e. the percentages of the cumulated stocks of multinational corporation investments per total host country GDP. Or to put it more bluntly, it measures the relative power of the ‘multinationals’ over their host countries.

  • Issue Year: 2012
  • Issue No: 1
  • Page Range: 79-82
  • Page Count: 14
  • Language: Polish