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Yearbook of the United Nations 1994

image of Yearbook of the United Nations 1994

The Yearbook of the United Nations stands as the authoritative reference work on the activities and concerns of the Organization. Based on official UN documents, the Yearbook provides comprehensive coverage of political and security matters, human rights issues, economic and social questions, legal issues, and institutional, administrative and budgetary matters.

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Transnational corporations

The influence of transnational corporations (TNCs) and foreign direct investment (FDI) on the global economy continued to grow in 1994, with FDI flows into developing countries reaching an estimated $80 billion. However, 80 per cent of the inflows were to 10 developing countries, in particular China, and the least developed countries did not gain at all from the increase. The countries of Central and Eastern Europe continued to attract increasing amounts of investment, although FDI flows in the region were unevenly distributed, reflecting different levels of development and rates of progress in establishing market economies.

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