MULTINATIONAL CORPORATIONS AND MULTINATIONAL BANKS FROM EASTERN COUNTRIES
The article aims to show the growing role of new players in the global economy – TNCs and TNBS from Eastern countries-in the export of capital, and their place among the world's leading global companies. The article examines the characteristic features of TNCs from Eastern countries, features of the industry structure of their activities – a high share of ICT companies, a high share of state-owned companies among them, and the participation of TNCs from Eastern countries in the production of goods and services under orders and brands of Western TNCs. Keywords: transnational corporations( TNCs), transnational banks (TNBS), foreign direct investment (FDI), features of TNCs from Eastern countries, globalization, international production, inactive forms of organization of international production. In the context of globalization, multinational companies (TNCs)are playing a growing role in the global economy1 and multinational banks (TNBS). The scale of increasing role of TNCs in the course of globalization can be judged at least by the fact that in 1982 the book value of FDI in the world was 5.3% of world GDP, and in 2010-30.5%, it increased during this period from $ 0.8 trillion to $ 19.1 trillion, 24 times. The value added generated by the parent companies and subsidiaries of TNCs accounted for in 2010. 25% of the world's GDP. The share of foreign branches of TNCs in world exports was 1/3, and a significant part of these exports were intra-company exports, going from branches of TNCs to other parts of the same structure. International production – the production of foreign branches of TNCs-in 1990 exceeded the world export of goods and non-factorial services by 1.16 times, and in 2010 – by 1.8 times [World Investment..., 2011, p. 24-25]. Among the leading capital exporters, sales of foreign branches are much higher than their exports, for example, in the United States by 4 times. Today, a new group of TNCs and TNBS stands out more and more clearly – TNCs and TNBS whos ... Read more
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New-York, United States
20.11.2024 (151 days ago)
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