Should the United Nations be called on to legislate Transnational Corporations?

Should the unify Nationsbe called on to take place multi content Corporations?Should the UN be called on to legislate Trans field Corporations?Erik Sawaya1In the circulating(prenominal) context of globalisation, Transnational Corporations (TNCs - dened bythe joined Nations as rms run assets in two or more(prenominal) than countries)1 argon majorplayers in the knowledge base atomic number 18na. Today, these multinational entities wield more power thanmany of the foundations nations. Yet, by truth of the scope of their operations, theyeffectively nd themselves in a alone(p) position in impairment of accountability. To a largeextent, TNCs atomic number 18 not required to come after with international legislation in terms of humanrights, labour standards and the environment. The United Nations has a long tarradiddle of implementing measures to ordinate the actionsof TNCs. The majority of these shit not been effective in statute law TNCs? actions. Inrecent years, the UN has shifted its flak to interacting with TNCs. Instead ofgenerating a regulatory framework from which to go beauty TNCs impact on indian lodge andthe environment, the UN has launched the global tweet, a unstrained agreementcreated to engage TNCs in integrated responsibility. Opinions about the world-wide constringe are polarised and discussions surrounding the GCand its implications aim raised the question: hindquarters a non-binding agreement amongst theUnited Nations and Big Business be an effective tool for protect human rights, labourstandards and the environment?

Transnational Corporations and the Global EconomyIn what many refer to as the New World Order, TNCs are central players. Their scopeof inuence extends beyond the world economy as they inuence national andinternational politics. Their operations also excise the environment and bio-diversity whilepermeating the lives of people everywhere, be it the afuent consumers of the world orpopulations living in developing nations. Should the UN be called on to legislate Transnational Corporations?Erik Sawaya21http://www.fpif.org/ brief/vol1/tncs.htmlAccording to the UN, there were 7,000 transnational corporations in 1970.2 By 1996, thatnumber had grown to 40,000,3 and in 2005, If you want to get a full essay, order it on our website: Orderessay

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