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Rich Country, Poor Country The Multinational as Change Agent
Benjamin F. Bobo
Book Code: C7928
ISBN: 0-275-97928-8
ISBN-13: 978-0-275-97928-7
256 pages, figures
Praeger Publishers
Publication: 4/30/2005
List Price: $99.95 (UK Sterling Price: £57.95)
Availability: In Stock
Media Type: Hardcover
Trim Size: 6 1/8 x 9 1/4
Subjects: Reviews:
  • Bobo (finance, Loyola Marymount U.) feels strongly that income inequality between rich and poor nations and the deep poverty of the Third World can be effectively addressed by the multinational corporation. He presents 14 previously published essays that address the matter from a variety of angles, discussing such matters as MNC-host country relationships in Africa, the possibilities of MNCS putting aside exploitative practices in recognition that poor countries may otherwise unite against them, the attitudes of policymakers in poor countries and in MNCs, the lessons from conflict and conflict resolution models, expanding the corporate model of wealth maximization to include Third World stakeholders, and the issue of a new pedagogy in support of such a model.
    —Reference & Research Book News     August 2005
Description: In this series of essays that span over 20 years of research, Benjamin Bobo builds the case for multinational corporations to take an active role in combating poverty around the world. Citing sobering statistics (for example, three-fourths of the world's nations are classified as "Third World" and four-fifths of the world's people live in these nations), Bobo argues that huge corporate entities not only have the wherewithal but an obligation to alleviate the suffering that results from a lack of economic resources and opportunity. Through these provocative and forward-looking essays, he presents a theoretical and practical framework for multinationals to stimulate economic development in the Third World--providing access to capital, entrepreneurial expertise, and emerging technologies. In a bold challenge to conventional thinking about wealth creation and strategic decision-making, Bobo applies such concepts as profit satisficing and stakeholder givebacks, and proposes an agenda for change that begins in business schools (the intellectual training ground for multinational managers), with increased emphasis on sustainability and human development. The net result, he argues, will be a world in which both producers and consumers benefit.
Table of Contents:
  • Preface
  • Acknowledgments
  • Perspective
  • Introduction
  • The Historical Context in Brief
  • Multinational Corporations in the Economic Development of Black Africa: Some Problems That Affect an Equitable Relationship
  • Issues in North-South Relations and the New World Order
  • MN-Third World Relations: A Comparative Study of Policymakers' Attitudes and Perceptions
  • Multinationals in the Third World: Reciprocity, Conflict Resolution and Economic Policy Formulation
  • Multinationals, the North, and the New World Order: Objectives and Opportunities
  • Internationalization Decision Making and the Global Interdependency Sensitivity Thesis
  • Multinationals and the Caribbean: A Postcolonial Perspective
  • Third World Investment Strategy: The African Predicament
  • Whose Wealth to Maximize: The Third World as Stakeholder
  • GIST and Profit Satisficing: Toward More User-Friendly Shareholder Wealth Maximization
  • User-Friendly Shareholder Wealth Maximization and B-School Pedagogy
  • Epilogue
  • Bibliography
  • Index
LC Card Number: 2004028189
LCC Class: HD2755
Dewey Class: 338
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