Globalisation, Global Business and Transnational Corporations

Besim Culahovic
Additional contact information
Besim Culahovic: University of Sarajevo, Faculty of Economics

Economic Analysis, 2007, vol. 40, issue 1-2, 47-59

Abstract: The process of globalization should be conceptualized as a complex interaction between transnational corporations (TNCs) and the state that occurs in the context of the dynamic technological environment. Although TNCs have an extremely important role in globalization, they have not superseded other traditional economic institutions, especially the state. The localization of economic activities remains fundamental, because every economic activity must be grounded in specific locations.

Keywords: Globalisation; transnational corporations; localisation; clusters (search for similar items in EconPapers)
JEL-codes: F02 F2 (search for similar items in EconPapers)
Date: 2007
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.ien.bg.ac.rs/index.php/en/2007/2007-12 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ibg:eajour:v:40:y:2007:i:1-2:p:47-59

Access Statistics for this article

Economic Analysis is currently edited by Mirjana Radovic Markovic

More articles in Economic Analysis from Institute of Economic Sciences 12 Zmaj Jovina St, 11000 Belgrade, Serbia. Contact information at EDIRC.
Bibliographic data for series maintained by Zorica Bozic ().