International Corporations

International corporations and their types. Reasons for the existence of TNCs. One of the remarkable phenomena of modern economic life is the wide spread of the so-called international corporations. The main distinguishing feature of an international corporation is the ownership, control or management of the means of production in various countries. A prerequisite for this […]

Indicators of globalization

Some aspects of the impact of globalization on the national economy deserve special mention. First of all, we note the extremely high growth rate of foreign direct investment, far exceeding the growth rate of world GDP. These investments play a key role in technology transfer, industrial restructuring, the formation of global enterprises, which has a […]