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Analysis of the Influence of TNCs on the Economy of Developing Countries and Countries with Economies in Transition

https://doi.org/10.26794/2308-944X-2020-8-2-34-62

Abstract

Formation and expansion of TNCs, particularly in developing countries and countries with economies in transition, is primarily due to a complex network of international production and localisation activities on promising markets at the expense of foreign direct investments (Fdi). These processes every year is increasingly becoming one of the key components of the global economy. Tasks of this paper are to describe the nature and content of the concept of “transnational corporation”, to identify critical factors and characteristics of the modern transnational business in developing countries, countries with economies in transition, and to consider the place and role of TNCs in developing countries and countries with economies in transition.

About the Author

F. Jorubova
Financial University
Russian Federation
Farida Jorubova - BA in Economics, international Finance Faculty, department of World Economy and international Finance 



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Review

For citations:


Jorubova F. Analysis of the Influence of TNCs on the Economy of Developing Countries and Countries with Economies in Transition. Review of Business and Economics Studies. 2020;8(3):34-62. https://doi.org/10.26794/2308-944X-2020-8-2-34-62



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ISSN 2308-944X (Print)
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