By Lidia Undiemi
This study analyses the structural transformation of multinational enterprises and their impact on global trade, labour markets, and financial stability. The research introduces the concept of the “one-contracting party apparent economy” as a new paradigm describing the internal trade mechanisms of multinational groups, where legal independence hides a single economic entity.
Table of Contents
- Introduction
- The organisational model of multinational firms
- Multinationals, Global Value Chains and International outsourcing: moving towards a new era of globalisation
- Outsourcing and groups: the one-contracting party apparent economy
- ‘Economic’ firm and ‘legal’ firm
- The corporate group model in economics and in law
- Corporate groups and market schizophrenia
- The corporate group in European and International law: overview
- The role of sector regulations to remedy the pathological expression of the legal phenomenon of the corporate group: attempts at regulation in Europe
- The legal anomaly of the coexistence of corporate autonomy and management by third parties
- Outsourcing and groups: two expressions of the same phenomenon
- Corporate groups, outsourcing and wage share reduction
- The alteration of the entrepreneurial function of economic models: the fragmentation of the production chain in the corporate group and corporate asymmetries
- Experimental monitoring hypothesis of the new global production chains: proposal of an economic indicator to predict crises and simulate economic and financial policy measures
- Artificially distorted productivity and added value: the corporate group as a multiplier of social inequality
- The neutralisation of trade union power
- One-contracting party exchanges between different group companies
- The role of technology in the one-contracting party exchange
- The impact of labour policies on the misalignment between productivity and wages
- Multiplier effect on wage reduction and employment volatility
- The one-contracting party apparent economy in the international trade debate
- The legal order of the market and the basis for the ’exchange’
- The one-contracting-party economy as a destabilising factor in financial markets: the use of the proposed indicators for the early detection of financial crises
- Conclusions