Yearbook of the United Nations 1992

image of Yearbook of the United Nations 1992

The principal reference work of the United Nations, providing a comprehensive, one-volume account of the Organization’s work along with information on the work of each specialized agency in the United Nations’ family.



Transnational corporations

Transnational corporations (TNCs) continued to exert a major influence on the global economy in 1992. Changes in the structure of international economic relations and policies in the early 1990s created conditions that placed TNCs in a position to play a significant role in development. Private sector development had become a major concern for many developing countries and countries in transition to market economies, while foreign direct investment was increasingly important as a force for promoting and integrating international flows of capital and of trade and technology.


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