MODERN TRENDS TOWARDS TRANSNATIONALIZATION OF THE WORLD ECONOMY

Title

MODERN TRENDS TOWARDS TRANSNATIONALIZATION OF THE WORLD ECONOMY

Authors


Motorniuk, Uliana
Terebukh, Marta
Kuziak, Victoriia

 

Bibliographic description:

(International)



Motorniuk, U., Terebukh, M. & Kuziak, V. (2018). Suchasni tendentsii transnatsionalizatsii svitovoi ekonomiky [Modern trends towards transnationalization of the world economy]. Sotsialno-ekonomichni problemy i derzhava [Socio-Economic Problems and the State] (electronic journal), Vol. 19, no. 2, pp. 13-25. Available at: http://sepd.tntu.edu.ua/images/stories/pdf/2018/18muitse.pdf

Issue Date


dec-2018

Submitted date


oct-2018

Publisher

Ternopil Ivan Puluj National Technical University

DOI:


https://doi.org/10.33108/sepd2018.02.013


UDC

334.78:339.9
JEL:  F23

Keywords



Forbes Global 2000
transnational corporation
transnationalization
trend
global economy
globalization
industry
foreign direct investment
international production

pages


13

first page 


13

last page

25

Abstract

In the article, we have examined the current trends towards transnationalization of the world economy. The main stages of the development of transnational corporations are considered, the concept of transnational corporation is specified, and the ambiguity of approaches to the processes of transnationalization of the world economy is emphasized. Particular attention is paid to modern criteria of classifying corporations as transnational, in addition, the advantages and disadvantages of transnational corporations in host countries are analysed. We have also studied the modern trends in global flows of direct foreign investments, which are carried out by large TNCs. A decisive role of innovations in the processes of transnationalization of the world economy is emphasized; the reasons for increasing the scope of TNCs' activities are outlined. In the article, there is an analysis of sectoral and geographic aspects of transnationalization of the world economy, as well as of the trends towards its offshore nature. We have found that contemporary global TNCs influence the development of the modern world economy through the implementation of social projects and ensuring a more balanced gender composition of the companies’ management.
URI  
http://elartu.tntu.edu.ua/handle/lib/27155
ISSN:  2223-3822

 

Copyright owner

Електронне наукове фахове видання «Соціально-економічні проблеми і держава», 2018
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type


Article

Appears in Collections

Socio-Economic Problems and the State, Vol. 19, no. 2

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