SOC 3380 Lecture Notes - Lecture 9: Encana, Trawling, Destructive Fishing Practices
11 Jan 2017
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Clapp and dauvergne chapter 6: global investment and environment. What is fdi?- ownership of investment in overseas companies in which the investor plays a direct managerial role. Massive growth in foreign investment : 1970- us . 2 billion. Developing countries account for only 27% of fdi (2007) and half of this went to just 6 countries. A not so obvious outcome of trade liberalization: ==== has led to massive corporates mergers and dramatically increased corporate concentration at global level. By (cid:883)99(cid:882)(cid:495)s (cid:887) largest electronic firms have (cid:886)(cid:882)% of global market. 5 largest control 70% of global market in consumer durables. 4 firm concentration ratio above 80% in most food sectors: beef, pork, and chicken processing, grain handling and flour milling. Labour and capital costs are much more important determinants of tnc location. Tnc(cid:495)s ore likely to use clean technologies than local firms and bring in their own. Market liberals argue tnc(cid:495)s bring higher standards because:
