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Nation-State and Transnational Entities

2023-11-24 18:41:28

INTRODUCTION There is a big difference between the country, the country, and the nation state. The modern nation state developed in the 20th century to compensate for defects exhibited by pluralism empire and supernationalism. Various wars are occurring because each country aims to expand the fixed territory. After being affected by this war, European countries elected to consolidate, thereby forming a multinational corporation, the European Union. To fully enjoy the benefits of globalization, multinational companies are expected to play a more important role than individual modern nation states.

It was a nation or multinational corporation like the European Union who spared much effort to pursue a privatization agenda that brought benefits to many people but sacrificed the interests of many people. Populist 's response reflects voter' s refusal and they no longer recognize their communities and the society they belong to. Our elite points to immigrants, accuses the anger of the people for various social recession and accuses them of abandoning social regulations in the UK. It is no coincidence that the media owned by British Rupert Murdoch played an important role in stimulating hostility towards immigrants and refugees. As the US government's 2008 report and paradise paper revealed, his media empire benefits from tax avoidance and avoidance by British taxpayers.

Multinational companies such as Apple and Pfizer are outstripping this nation state. Although their parent company may be established in the United States, these companies are multinational companies and are not faithful or faithful to any sovereign country including the United States. They explore tax havens and tax treaties and use all possible strategies to maximize their interests. These companies operate in the global market, and the state is still geographically taxed. These companies are competitive without tax reduction: their effective gross rate is close to the proposed corporate tax rate

The relationship between the nation-state and multinational corporations has changed, become complex and ambiguous, but they also need to be interrelated. Multinational companies are becoming more powerful than the nation-state. Some national states are also highly developed, but since most multinational companies are more powerful and important tools for globalizing the market economy, the nation state is not completely dead .

There are many factors that affect the behavior of the nation state and multinational corporations. National and multinational companies depend on a variety of factors. We live in a globalized world, so we know that countries and multinational companies will be affected by globalization. Many worldwide institutions are formed to achieve stability and order in this world market. What is a global institution? Global institutions are organizations that shape economic development, maintain trade, overcome barriers between countries, and focus or work on labor issues. The World Bank, the United Nations, the International Monetary Fund, the World Trade Organization, and other global economic aid agencies are located all over the world. The World Trade Organization (WTO) is the only international organization in the world to handle trade rules among countries.