The state and the multinationals. Possible consequences of the 2008 crisis on power balance

Authors

  • Luis Fernando Vargas-Alzate Coordinador, Área de Relaciones Internacionales, Universidad EAFIT
  • Andrés Duque Solís Miembro del Semillero de Investigación en Relaciones Internacionales, adscrito al Grupo de Investigación en Estudios Internacionales, Universidad EAFIT.
  • Carolina Herrera Cano Miembro del Semillero de Investigación en Relaciones Internacionales y del Grupo de Investigación en Estudios Internacionales. Asistente de edición, Revista de Negocios Internacionales, Universidad EAFIT.
  • Carolina Ríos Grajales Estudiante de Negocios Internacionales, Universidad EAFIT.

Keywords:

State, Multinational Corporations, Economic Crisis, State Capitalism.

Abstract

This research aims to analyze the changes on the Multinational Corporations capacity of action over the States, in order to illustrate the economic and political panorama that arose since the 2008 economic and financial crisis. This is analyzed taking into account the dynamic relation between States and Multinationals and the use of an approach that combines historical and contemporary aspects. Both provide a thesis which harmonizes the variables (such as employment, impact on GDP, mobility and capital international markets) that modify the incidence on companies and, that appear as the main sources of liability of Multinational Corporations in their negotiating processes with the States. Finally, this study reviews the State capitalism as a phenomenon that values the existent role of current economies and, presents the relations between specific cases and their performance.

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Published

2011-06-05

Issue

No. 18 (2011)

Section

Research Articles

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How to Cite

Vargas-Alzate, L. F., Duque Solís, A., Herrera Cano, C., & Ríos Grajales, C. (2011). The state and the multinationals. Possible consequences of the 2008 crisis on power balance. AD-Minister, 18, 125-149. https://publicaciones.eafit.edu.co/index.php/administer/article/view/817