Global Trends in Corporate Power Assignment Example | Topics and Well Written Essays - 1500 words

Global Trends in Corporate Power - appointee ExampleHowever, the 1970s experienced a failure of the Keynesian economic policies to address unemployment and inflation issues. mercenary politicians fought for the growth of large corporations by faulting the enforcement of anti-trust laws and lowering tax rates on corporations.The fall of the Eastern axis nations and the Soviet Union near the end of the twentieth century also gave room for the spread of free-market capitalism. capitalism played a crucial role in enhancing quick expansion of large American corporations such(prenominal) as Coke, McDonalds, and Levis into new markets that had been dominated by Communist countries. International agreements on free trade and privatization atomic number 18 fueling the removal of trade barriers. Corporations are now riding on preferential treatment by nations. Their impacts on peoples welfare are felt from Wall Street to the poorest country on the globe.Global distribution of Multinationa l Corporations (MNC) suggests the vast influence of corporate power. The United Nations reported that there were approximately 75000 MNCs direct globally in 2005. The developed industrial economies boast of being the mother countries of about three-quarters of the MNCs. Denmark is a situation to 12% of the total MNCs, followed by South Korea. Germany follows with 8%, then Japan (7%), China (5%) and lastly U.S. (3%). India and brazil-nut tree are the leading developing countries that home a significant number of MNCs. However, a greater percent of the geographic distribution of only the very largest corporations is in U.S. and Japan.