ABSTRACT
The multinational enterprise is a pool of managerial and technological expertise. It is also an efficient operating machine for both production and distribution. This chapter provides an examination of the relationship that is envisaged between the international corporation and the state in the light of conditions and attitudes widely prevalent in the less-developed countries. Development planning is almost universal in the less-developed countries, aided and supported by international organizations and by developed countries of all political shades. The chapter examines the way in which the countries of the world are to become so closely integrated into the international economy that they lose their economic identity. It looks at the relation of this process to conditions widely prevalent in the less developed countries. The chapter summarizes the contemporary developments that have led to the so-called nation-state controversy and to conclusions which, from almost any standpoint outside North America, seem bordering on the absurd.
