In this article we will discuss about:- 1. Introduction to Multinational Corporations 2. Spread of MNCs 3. Role 4. Adverse Effects 5. Regulations 6. MNCs and India. Introduction to Multinational Corporations: An important development in the post-war period is that of the spread of multinational corporations (MNCs) as the vehicle of foreign direct investments. These are also called as Transnational [...]
In this article we will discuss about:- 1. Introduction to Human Development Index 2. Indicators of Human Development Index 3. Shortcomings and Critique. Introduction to Human Development Index (HDI): Growth in national income (GNP) or per capita income considered above as indicator of economic growth does not represent a true and adequate measure of welfare and economic development of the [...]
The first and foremost economic explanation of underdevelopment or the existence of mass unemployment and poverty of today's developing countries is that in them there has come about a serious imbalance between population and productive resources, especially the stock of capital. This imbalance between resources and population has manifested itself not only in low per capita income and poverty but [...]