"The UN Development program (UNDP) notes in its 1999 "Human Development Report" that many global corporations wield more economic power that nation-states. Today 50 of the largest 100 economies in the world are run my multi-national [corporations], not by countries. Mitsubishi is bigger than Saudi Arabia; General Motors is larger than Greece, Norway or South Africa. The combined annual revenue of the biggest 200 corporations are greater that those of 182 nation-states that contain 80 percent of the world's population."
From "The No-Nonsense Guide to Globalization" by Wayne Ellwood
Posted by delpesco at April 6, 2004 02:04 PM