Multinational Enterprises and the Promotion of Civil Society : The Challenge for 21st Century Capitalism

By: Material type: ArticleArticleLanguage: ENG Series: ; 51Publication details: Summer 2009 0Edition: 4Description: 126-147 PpSubject(s): DDC classification:
  •  Leh
Online resources: Summary: The article focuses on the outlook for capitalism in the 21st century and for prosperity in developing countries such as Brazil, Russia, India, and China which are referred to as the BRIC world. The influence of civil society, the not-for-profit sector, and non-governmental organizations on a country's transition from a state-controlled economy to a market economy is discussed, as well as the role of multinational business enterprises in the formation of civil-society institutions and on the stabilization of socioeconomic conditions in BRIC countries. The state's role in intervening and regulating its national economy in statist capitalism is also discussed.
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The article focuses on the outlook for capitalism in the 21st century and for prosperity in developing countries such as Brazil, Russia, India, and China which are referred to as the BRIC world. The influence of civil society, the not-for-profit sector, and non-governmental organizations on a country's transition from a state-controlled economy to a market economy is discussed, as well as the role of multinational business enterprises in the formation of civil-society institutions and on the stabilization of socioeconomic conditions in BRIC countries. The state's role in intervening and regulating its national economy in statist capitalism is also discussed.

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