PHA-Exchange> Interesting data

Claudio claudio at hcmc.netnam.vn
Tue Oct 11 03:29:37 PDT 2005


Worldwide, there are now over 61,000 transnational corportions (TNCs) with at least 900,000 foreign affiliates. In 2003, TNCs employed 54 mill workers compared with 19 mill in 1982. Their total sales were in exces of USD 17 trillion, up from 3 trillion in 1982.
Industrial countries account for over 3/4 of all cross-border trade in services.
In 2004, just as in all other years since 2000, poor countries transferred more money to industrial countries than vice-versa. --some USD 105 bill in total. 
[D+C 32:5, May 2005]

The World Bank has 24 full-time and nominally independent executive directors, each of whom is supported by an alternate director and several advisors and assistants --at a direct cost of USD 56 mill/year. Aditionally, it has a 10,000 strong internal cossetted and ovrpaid bureaucracy who push loans to get promotions.
[F&D, 42:1, March 2005]

Claudio
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