This article argues that our prevailing notion of obligations is inadequate for regulating large-scale problems. Collective actors, especially corporations, should be recognized as having obligations in human rights issues as they are much better prepared to deal with complex problems than...

This paper aims to investigate the evolution of economic theories that explain firms’ internationalization and the development of foreign direct investments. Arguments are intended to show that theoretical approaches in this field are rooted in the period of classical theories of the...

This paper discusses the essential features of transnational corporations (TNCs). It is important to define TNCs in order to better understand their role and functions within a globally integrated system. The paper explores traditional conceptions of TNCs and briefly reviews their history

We generalise the traditional development-accounting framework to an open-economy setting. In addition to factor endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped by bilateral trade determinants (which underpin the...

We generalise the traditional development-accounting framework to an open-economy setting. In addition to factor endowments and productivity, relative factor costs emerge as a source of real-income variation across countries. These are shaped by bilateral trade determinants (which underpin the...