World Chronicle 752: Karl P. Sauvant, UNCTAD

Michael Littlejohns interviews Karl P. Sauvant, Chief of UNCTAD's Division on Investment, Technology and Enterprise Development, for World Chronicle program 752.

• Categories: News & Features / Features / World Chronicle
• Video Length: 00:28:05
• Production Date: 23 September 1999
• Asset Language: English
• Personal Subject: JOHN METZLER; KARL P. SAUVANT; MICHAEL LITTLEJOHNS; NORBERTO SVARZMAN
• Corporate Name: UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT - UNCTAD
• Subject Topical: INVESTMENT; TRANSNATIONAL CORPORATIONS
• MAMS Id: 2149478
• Parent Id: 824787

Description

WORLD INVESTMENT REPORT

There are now more than 60,000 transnational corporations, with over 500,000 foreign affiliates that, together, account for over 25 percent of global output. Their combined sales exceed $11 trillion (well ahead of world exports at $7 trillion). Their stocks of assets grew by 20 percent in 1998, to over $4 trillion. The world's top 100 transnational corporations alone command more than $2 trillion of foreign assets. The list is led again by General Electric of the United States. This and other information is contained in 1999's World Investment Report, published by the United Nations Conference on Trade and Development. In this World Chronicle, Karl Sauvant, from UNCTAD, discusses some of the findings in this year's Report.

• Scripts: File; 752.pdf (37.45 KB)