Dr Zain Yusufzai
Chapter # 4 (page 96-123).
Objectives:Political and economic systems and linkage between themFive levels of economic integrationsUse of strategic planningImpact of NGOs (Non Governmental Organization)Introduction:Changing political systemsMoving toward democracyFormer communist bloc of Eastern Europe, converting tofree market systems from command economy advocate,ideologyMNEs feel until Government willing to take the stepsnecessary to ensure that promises are kept and they areable to repatriate they funds, these developing economiesproceed with caution, with their investment plansAttract foreign investment: (requires)
Development of high technology
Initiation of many large scale projects
Employee equipped with modern tools. KnowledgePolitical ideologies and economicsIdeology:a set of integrated beliefs, theories, and doctrines thathelps to direct the actions of a society. For example; thepolitical ideology of USA is written in the constitution thatguarantees the rights of private property and the freedomof choice. This ideology helped in laying the economicpolitical system (US Capitalism).Political systems: (two types)1.democracy2.totalitarianismNumber of totalitarianism systems:
secular1. Democracy: a system of government in which thepeople either directly or through their elected officials,decide what is to be done2. Totalitarianism: a system of government on which oneindividual or party maintains complete control and eitherrefuses to recognize other parties or suppresses them
International businessAlan M. Rugman, Richard M. Hodgetts