By Janet Dine
Looking purposes for foreign buying and selling regimes now not assembly poverty relief objectives, this booklet specializes in the position of firms in the buying and selling approach, and the advanced relationships among organisations, state states and overseas agencies. The activities of organizations and their underlying factors are regarded as good because the constitution of the overseas buying and selling procedure and globalization.
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Extra info for Companies, International Trade and Human Rights
116 On the other hand, foreign firms may push domestic firms out of business or buy them up to create their own monopoly which may then be 109 111 112 113 114 115 116 110 Ibid. Oxfam, Rigged Rules, p. 177. World Bank, Curbing the Epidemic-Governments and the Economics of Tobacco Control (World Bank, Washington, 1999). Oxfam, Rigged Rules, p. 178. D. Woodward, The Next Crisis? Direct and Equity Investment in Developing Countries (Zed, London, 2001). UNCTAD, Trade and Investment Report 1997 (UNCTAD, Geneva, 1997), cited in Oxfam, Rigged Rules, p.
Chambers, Whose Reality Counts (Intermediate Technology, 1997). Oxfam, Rigged Rules, p. 43, citing G. Bird and R. ’ (Adelaide University Centre for International Studies, Discussion Paper 117, 2001), p. 3. Oxfam, Rigged Rules, p. 177. 110 Counting FDI As we saw at the beginning of this chapter, methods of collecting statistics are of vital importance in understanding the detailed picture. Nowhere is this clearer than in the estimation of the benefits of FDI. It is often assumed that the inward investment is a net figure which is wholly for the benefit of the host country.
Overtly and covertly, by stealth and by design, big business has perverted the democratic process by buying politicians, by bribing them, by funding “independent” think-tanks, by forming “corporate front groups”, by bullying citizens, by lobbying and by lying – all in the name of profit. 154 Rowell cites Liberal Democrat MP, David Alton:155 ‘the most insidious form of corruption is that which breaches no law but is part and parcel of the system’. Alton found that: Past Ministers soon find solace in directorships and consultancies outside government.