Multinational Companies and their Impact on the World Economy

Epure Dãnuþ Tiberius ()

Ovidius University Annals, Economic Sciences Series, 2014, vol. XIV, issue 1, 12-15

Abstract: At the beginning of the XXI century, transnational corporations is one of the great forces acting in the economic, financial, scientific and technological having a difficult word in world politics. Companies of this type have come to such an extent that, they lost in a sense, the national character. Transnational companies are the main source of capital, technology and market access for almost every country. Their activities have a strong impact on the global distribution of wealth and economic activity between national economies. They benefit both consumers and economies worldwide. Transnational companies can help increase export competitiveness of developing countries. Therefore, these companies attract export-oriented activity is itself competitive.

Keywords: multinational companies; export; developing countries; capital. (search for similar items in EconPapers)
JEL-codes: G3 G30 (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:xiv:y:2014:i:1:p:12-15

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