This thesis reviews the effect on economic openness that can be established by the presence of strong Global Compact local networks. The work identifies three measures of openness and four sets of domestic conditions in which the Global Compact operates, respectively: (1) prevalence of trade, (2) measures of foreign direct investment and foreign portfolio investment and (3) policy indicators of openness, in respect to democracies with (a) strong local networks or (b) weak local networks, as well as autocratic regimes with (c) strong or (d) weak local networks. A comparative study follows, looking at twenty-three years of data across fifty countries exemplifying the above domains, to determine what impact, if any, the Global Compact has had on economic trends and policy. By measuring the reciprocal effect that enhanced corporate responsibility is expected to have on public trust (reflected in economic policy), the author purports to strengthen an already robust business case for responsible and sustained membership in the Global Compact by demonstrating its utility in facilitating business friendly political climates in its host countries.
","abstract_html":"<p>This thesis reviews the effect on economic openness that can be established by the presence of strong Global Compact local networks. The work identifies three measures of openness and four sets of domestic conditions in which the Global Compact operates, respectively: (1) prevalence of trade, (2) measures of foreign direct investment and foreign portfolio investment and (3) policy indicators of openness, in respect to democracies with (a) strong local networks or (b) weak local networks, as well as autocratic regimes with (c) strong or (d) weak local networks. A comparative study follows, looking at twenty-three years of data across fifty countries exemplifying the above domains, to determine what impact, if any, the Global Compact has had on economic trends and policy. By measuring the reciprocal effect that enhanced corporate responsibility is expected to have on public trust (reflected in economic policy), the author purports to strengthen an already robust business case for responsible and sustained membership in the Global Compact by demonstrating its utility in facilitating business friendly political climates in its host countries.</p>","abstract_has_math":false,"creators":["Woodcock, Thomas"],"institution":null,"degree_name":"Master of International Affairs (M.I.A.)","degree_level":"Thesis","degree_discipline":"International Relations","degree_department":null,"school":null,"contributors":[],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2015,"date_issued":"2015-01-01T08:00:00Z","date_published":"2015-01-01T08:00:00Z","updated_at":"2026-07-24T01:56:59Z","subjects":["Economics","Corporate","responsibility","International Economics","International Relations","Political Science"],"languages":[],"rights":[],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"https://academicworks.cuny.edu/cc_etds_theses/534","outbound_label":"Repository record","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:creator","label":"Author","values":["Woodcock, Thomas"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date.available","label":"Dc Date Available","values":["2016-01-13T08:00:00Z"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["International Relations"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Thesis"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Master of International Affairs (M.I.A.)"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Economics","Corporate","responsibility","International Economics","International Relations","Political Science"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["https://academicworks.cuny.edu/cc_etds_theses/534"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description.abstract","label":"Abstract","values":["This thesis reviews the effect on economic openness that can be established by the presence of strong Global Compact local networks. The work identifies three measures of openness and four sets of domestic conditions in which the Global Compact operates, respectively: (1) prevalence of trade, (2) measures of foreign direct investment and foreign portfolio investment and (3) policy indicators of openness, in respect to democracies with (a) strong local networks or (b) weak local networks, as well as autocratic regimes with (c) strong or (d) weak local networks. A comparative study follows, looking at twenty-three years of data across fifty countries exemplifying the above domains, to determine what impact, if any, the Global Compact has had on economic trends and policy. By measuring the reciprocal effect that enhanced corporate responsibility is expected to have on public trust (reflected in economic policy), the author purports to strengthen an already robust business case for responsible and sustained membership in the Global Compact by demonstrating its utility in facilitating business friendly political climates in its host countries.
"]},{"key":"dc:title","label":"Title","values":["The Face of the Market"]}]}],"canonical_facts":{"dc:creator":["Woodcock, Thomas"],"dc:date.available":["2016-01-13T08:00:00Z"],"dc:description.abstract":["This thesis reviews the effect on economic openness that can be established by the presence of strong Global Compact local networks. The work identifies three measures of openness and four sets of domestic conditions in which the Global Compact operates, respectively: (1) prevalence of trade, (2) measures of foreign direct investment and foreign portfolio investment and (3) policy indicators of openness, in respect to democracies with (a) strong local networks or (b) weak local networks, as well as autocratic regimes with (c) strong or (d) weak local networks. A comparative study follows, looking at twenty-three years of data across fifty countries exemplifying the above domains, to determine what impact, if any, the Global Compact has had on economic trends and policy. By measuring the reciprocal effect that enhanced corporate responsibility is expected to have on public trust (reflected in economic policy), the author purports to strengthen an already robust business case for responsible and sustained membership in the Global Compact by demonstrating its utility in facilitating business friendly political climates in its host countries.
"],"dc:identifier":["https://academicworks.cuny.edu/cc_etds_theses/534"],"dc:subject":["Economics","Corporate","responsibility","International Economics","International Relations","Political Science"],"dc:title":["The Face of the Market"],"thesis:degree_discipline":["International Relations"],"thesis:degree_level":["Thesis"],"thesis:degree_name":["Master of International Affairs (M.I.A.)"]},"updated_at":"2026-07-24T01:56:59Z"}