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Bananas are a major staple as well as an important cash crop in developing countries and the most eaten fruit in Europe and Northern America. For decades, the banana economy has been a key example of trade injustice. The concentration of power in the hands of a few multinational companies has...
Persistent link: https://www.econbiz.de/10013001112
Since the mid-1980s, tobacco companies have intensified market expansion strategies in several African countries. They have used music to target youths and children. They organised fashion shows to entice women into smoking. They offered kids free cigarettes on the streets and for a very long...
Persistent link: https://www.econbiz.de/10012999781
In the context of globalisation Africa requires investment by multinational corporations (MNCs) to improve its competitiveness and to facilitate micro-level structural changes required for alleviating poverty and reducing its riskiness for investment. Economic theory recognises that MNCs can...
Persistent link: https://www.econbiz.de/10011266122