The changes in communications, transportation, and computer technology brought by fast technological developments are very useful in international investment.
Transnational corporations are one of the beneficiaries of these changes. Business transactions can be done in a minute through the web. They are becoming very powerful in controlling the globalize economy and the most powerful economic and political entity in the world today.
These corporations are setting up industries and business in developing countries like Thailand, Philippines, and China. They have been playing dominant role in the economic aspect of the host country. They are the main source of direct foreign investment in a country they are setting up their business. They provide
employment for millions of workers around the world. Some of these corporations are the General Motors and Ford, Mitsubishi, Mitsui, ITOCHU, Shell Corporation, and other giant industries.
Most of these corporations are home-based in industrialized countries like the
United States, United Kingdom, and other highly developed countries. The activities of these companies are being controlled by their international agreements like the GATT and international economic institutions like the World Trade Organization.
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We can only hope that we can really depend on alternative sources. Since the day the news on oil and energy poverty came about, scientists, engineers, and even investorFunds For Alternative Energy Investors We can only hope that we can really depend on
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