The early 1960s can be regarded as the "Big Bang" for international cooperation and development policy. The US was pushing an international system to support developing countries, and in 1961, it established the US Agency for International Development (USAID). The same year saw the Organisation...

The purpose of this article is to determine the significance of transnational business in the development of the global economic system, to present perspectives on its further functioning and distribution in the global economy, and to develop recommendations for state regulation of...