The UN and Transnational Corporations

The UN and Transnational Corporations

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Are transnational corporations (TNCs) and foreign direct investment beneficial or harmful to societies around the world? Since the birth of the United Nations more than 60 years ago, these questions have been major issues of interest and involvement for UN institutions. What have been the key ideas generated by the UN about TNCs and their relations with nation-states? How have these ideas evolved and what has been their impact? This book examines the history of UN engagement with TNCs, including the creation of the UN Commission and Centre on Transnational Corporations in 1974, the failed efforts of these bodies to craft a code of conduct to temper the revealed abuses of TNCs, and, with the advent of globalization in the 1980s, the evolution of a more cooperative relationship between TNCs and developing countries, resulting in the 1999 Global Compact.At over 4, 300 words, this was a rather lengthy document, signifying the importance the organization attached to it. 9. ... for the Year 2005a€“06 (Geneva: ILO, 2006), available at standards/relm/ilc/ilc95/ pdf/pr-1.pdfanbsp;...

Title:The UN and Transnational Corporations
Author:Tagi Sagafi-nejad, John H. Dunning
Publisher:Indiana University Press - 2008-10-16


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