The economic system of modern Germany is a social market economy, which began to be created in the country immediately after the end of the Second World War. There were certain prerequisites for this, back in the thirties in Germany, the Freiburg School was created, headed by Walter Eucken and Franz Böhme. They came to […]
Tag: foreign
Problems posed by TNCs in the home country
Despite the obvious competitive advantages and high level of economic efficiency, TNCs are seen as economic agents capable of creating economic problems in both the home and host countries. The most frequent criticism of TNCs in home countries relates to accusations of domestic employment losses: foreign direct investment by TNCs abroad leads to “job exports”. […]