MULTINATIONAL CORPORATIONS IN THE ARCHITECTURE OF GLOBAL ECONOMY

Rozalia Kicsi () and Simona Buta ()
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Simona Buta: “Stefan cel Mare” University of Suceava, Romania

The USV Annals of Economics and Public Administration, 2012, vol. 12, issue 2(16), 140-147

Abstract: In the business profile of the beginning of 21st century, the relations and interdependencies are expanding on a global scale; at the moment, much more than before, the production, capitals and people are becoming more and more interconnected; the business entities considerably extend their activities, becoming more global than international. More and more companies, many of them achieving sales figures higher than the GDP of some countries, consider every corner of the globe as a feasible source of raw materials, cheap labour force or market opportunities. The consolidation of the role of multinational corporations in the global economy has led to numerous debates on the international stage. However, even though MNCs stands for a significant force in the global economy, ‘the protagonists’ remain the nation- states. The national economies are regarded as the main cells of the global economy.

Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:scm:usvaep:v:12:y:2012:i:2(16):p:140-147

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