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Conflicts and Safeguards

  • J. Wilczynski
Part of the Trade Policy Research Centre book series (TPRC)

Abstract

As is well known, multinational corporations encounter a good deal of criticism and even hostility in their own parent countries, and more so in other capitalist host countries. But when the dealings of the Western and Socialist multinationals take them across the East-West demarcation line, the potential for conflict is virtually unlimited. The sources of conflict are compounded by the political, economic and legal differences between these basically opposing social systems. A particular decision under one system may be hastily interpreted by the unsympathetic affected party on the other side as a calculated, sinister act, although such a decision may be a logical and legitimate consequence of the social system in force. The memories of past grievances (real or imagined), the legacy of the Cold War and the difficulty of communication are even more likely to contribute to suspicion and mistrust.

Keywords

Interest Rate Joint Venturis Socialist Enterprise Multinational Corporation Socialist Partner 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 1.
    R. S. Kretschmar, Jr, and R. Foor, The Potential for Joint Ventures in Eastern Europe, New York, Praeger, 1972, p. 102.Google Scholar

Copyright information

© J. Wilczynski 1976

Authors and Affiliations

  • J. Wilczynski
    • 1
    • 2
  1. 1.University of PittsburghUSA
  2. 2.University of New South WalesDuntroonAustralia

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