The UN and Transnational Corporations: From Code of Conduct to Global Compact (United Nations Intellectual History Project Series) Review

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The UN and Transnational Corporations: From Code of Conduct to Global Compact (United Nations Intellectual History Project Series) ReviewAn extraordinary book; what does the UN do? What are the goals? What are the policies to make it function adequately?
These and more questions are answered in the book by Professor Sagafi-Najed.
A book of the time, there is no other way for the world but international trade, become global.
About the three scenarios discussed in Chapter 9.
Fission, Fusion or Confusion.- very descriptive about the potential consequences the forces in action could bring.
"...bring all stakeholders in the system together-fusion- and the forces that pull them apart- fission. The outcome may be eventual convergence or perpetual confusion."
The "real-world," besides being intrinsically dynamic, acquiring new facets and technologies, has to be in accord with your excellent remark.
"Although members of the UN galaxy have developed along functional lines, each of them dealing with a number of related issues, the multidimensional nature of many real-world challenges requires new organizational configurations"
An Organization should have capacities of enforcing its statues, and regulatory mandates, for which your suggestion, however you point out that:
"The World Trade Organization was empowered to investigate and enforce rules to punish violators. Its viability and utility is fortified with a kind of power UNCTAD does not have."
"... the problematique itself has changed from a focus on TNCs to the broader phenomenon of globalization and from confrontation and control to cooperative work and harnessing; now more hands are extended than swords drawn. ... add, proliferation of instruments..."
Excellent approach to the forces that divide and approximate the nations; some of them appear to be unreachable at the time, others difficult to dim, but all have no additional alternative than to be confronted.
Talking about that "most countries seek the assets, technology, management skills, market access, and global scope of TNCs and encourage their involvement in the quest of developing countries for economic development.
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Market based solutions to problems of promoting efficient and sustainable economic development. At the same time, there is near-consensus that the market must be properly "governed" through simple and transparent formal rules, trust-based commercial relationships, a balance of encouragements and penalties, and an understanding of, and general agreement on, the basic rules of engagement."
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The UN and Transnational Corporations: From Code of Conduct to Global Compact (United Nations Intellectual History Project Series) Overview

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