Controlling global economy
Context
One of the most significant changes in the developing world economy is the role and power of world financial markets. Over a trillion dollars a day is turned over in currency exchange transactions and around 95 per cent of these are speculative in nature - capital seeking the fastest and greatest return for its investment. The new global economy is characterised by the power of multinational corporations (MNCs). Multinationals now account for about a third of world output and two-thirds of world trade, with around a quarter of this trade occuring within multinational corporations themselves, between their various subsidiaries.
Broader
Narrower
Problem
Value
SDG
Metadata
Database
Global strategies
Type
(E) Emanations of other strategies
Subject
- Cybernetics » Control
- Economics » Economy
- International relations » Planetary initiatives
Content quality
Yet to rate
Language
English
1A4N
V3566
DOCID
13235660
D7NID
206384
Editing link
Official link
Last update
Dec 3, 2024