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Multinational Companies and their Impact on the World Economy

Author

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  • Epure Dãnuþ Tiberius

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.

Suggested Citation

  • Epure Dãnuþ Tiberius, 2014. "Multinational Companies and their Impact on the World Economy," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 12-15, May.
    • Handle: RePEc:ovi:oviste:v:xiv:y:2014:i:1:p:12-15
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    More about this item

    Keywords

    multinational companies; export; developing countries; capital.;
    All these keywords.

    JEL classification:

    • G3 - Financial Economics - - Corporate Finance and Governance
    • G30 - Financial Economics - - Corporate Finance and Governance - - - General

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