English articles of Economiajoven.net direct to your favorite RSS reader http://www.economiajoven.net Sun, 05 Jul 2009 03:45:40 +0100 FeedCreator 1.7.2 http://www.economiajoven.net/images/M_images/rss.png http://www.economiajoven.net English articles of Economiajoven.net direct to your favorite RSS reader http://www.economiajoven.net/index.php?option=com_content&task=view&id=611&Itemid=2 In today’s world rapidly turning into a global village, integration and internalization are the talk of the town. The homogeneity of consumption and international production are common clichés discussed not only among economists, but general public as well. And in this respect numerous questions concerning the pioneers of this movement, i.e. transnational corporations (TNC or MNC) arise. With more than 70% of international trade carried out by TNC the latter have become the real market players influencing all aspects of global economy, starting from exports and labor market and finishing with knowledge exchange or integration process. The dynamics of the TNCs are no less impressive. By the early 1990s there were around 37,000 TNCs with over 206,000 affiliates(1) (subsidiaries, branches, etc) in foreign countries, ten years after, in 2006, their number surpasses 78,000 and 777,000 respectively. The same year boasted 172 cross – border M A deals over USD $1 billion, and more than $1,300 billion of FDI. According to the UNCTAD World Investment Report, more than two thirds of the global number of R D projects were financed directly or indirectly by TNC.This phenomenon is being closely watched by economic science and various theories concerning the nature, strategy and... Thu, 15 May 2008 22:16:50 +0100