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Analysis on Multinationals. Impact on Economy and Society Nishi and Masako -ITF. Overview on Globalisation. Privatization - Port and Docks P&O - Seafarers FOC shipping - Civil Aviation Global alliances - Logistic companies DHL - Fisheries FOC.
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Analysis on Multinationals Impact on Economy and Society Nishi and Masako -ITF
Overview on Globalisation • Privatization - Port and Docks P&O - Seafarers FOC shipping - Civil Aviation Global alliances - Logistic companies DHL - Fisheries FOC
Impact of Globalisation • Port and Docks job loss ban on new recruitment deterioration in working conditions, job security and social benefits
Impact of Globalisation • Seafarers (FOC) complete deregulation no working conditions no security very low wage rate
Impact of Globalisation • Civil Aviation restructuring fragmentation (concept of virtual airlines) out-sourcing sub-contracting disinvestment by government to private/foreign companies
Impact of Globalisation • Logistic companies devouring the local economy (larger companies taking over smaller ones: conglomerates)
Multinational investment • P&O Singapore operating terminals in India, Sri Lanka, Thailand, Malaysia and Australia, etc. - Taking ports on B.O.T. basis - Encouraging anti-union activities - invest on technology to increase profit
Multinational investment • Singapore Airlines and Lufthansa both operating ground handling and catering services in other countries • Singapore Airlines trying to acquire a stake in Air India • Emirates taking over Sri Lanka Airlines
Company Headquarters • DHL - Germany • Singapore Airlines - Singapore • Lufthansa - Germany • P&O Singapore - Singapore • Emirates - U.A.E.
Impact of Globalisation -case study • Tuna Fishing in Kiribati • P&O taking over ports in India