TRANSNATIONAL CORPORATIONS AND ANTI-TRADE SENTIMENT

Carmen Valentina Radulescu, Iulian Gole, Florentina Olivia Balu and Evelina Petronela Balu

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2020, vol. 14, issue 1, 1083-1089

Abstract: In addition to the health crisis, we are all witnessing, for a while, a skeptical sentiment against globalization, a certain general opinion related the internationalization of trade. After decades of continuing progression of global value chain arrangements between different economical entities or even within the same company, upward or downward the production processes, frequently in different countries or continents, today we can see there is an increasing opposition against trade competition. In some countries, immense fissures were created between labor unions and management because their interests were going in different directions. By the meaning of qualitative methods, we will analyze why this divergence is happening especially in developed countries, who are the most affected peopl, what actions may be taken by decision-makers.We also demonstrated that global value chain companies are more efficient in a free global market and putting trade barriers would have negative consequences on the entire economy.

Keywords: international trade; liberalization policies; value chain. (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:14:y:2020:i:1:p:1083-1089

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