MECHANISMS OF TRANSNATIONAL CORPORATIONS GOVERNMENTS IN THE CONDITIONS OF GLOBAL ECONOMY
Journal Title: FBIM Transactions - Year 2017, Vol 0, Issue 2
Abstract
After continuous expansion after The Second World War, transnational corporations (ТNK) have become a dominant force and the most important actors of world’s economy at the end of last and the beginning of this century. Their financial and technological potential, importance in the structuring of global demand and production and especially their rapid growth, point out that the modern world economy can without exaggeration be called the economy of TNK. Besides the significant influence on production, sales and international goods and service exchange, TNK in the function of globalization mechanism also influences the international technology transfer. Due to union and concentration of all indicators of their economic power, TNK is in the position to set the dynamic and ways of modern development. TNK has grown into relatively closed and complete economical systems with a high degree of financial, production, technological and personal self-sufficiency. Working as an active mechanism in the economic development of the world, they tend to improve their economic interests, in the first place the owner of the capital in their native country. TNK present a union of the world’s economy and as holders of the globalization process, they present in the true meaning of the word, global economy.
Authors and Affiliations
Nenad Dugalić, Milan Novović
Keywords
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- EP ID EP331453
- DOI 10.12709/fbim.05.05.02.04
- Views 76
- Downloads 0
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