Multinationals and the Restructuring of the World Economy (RLE International Business)

2013 ◽  
Author(s):  
E. Smirnov

In the context of digitalization in the world, competition is intensifying, lead-ing to a significant transformation of international business and a change in the development strategies of global digital platforms in the global market. The article analyzes and summarizes the prevailing approaches to competition and antitrust policy in the context of the “platformization” of the world economy and its impact on international economic dynamics.


2018 ◽  
Vol 7 (2) ◽  
pp. 144-155
Author(s):  
Som Sekhar Bhattacharyya ◽  
Andrejs Cˇ irjevskis ◽  
Tatjana Põlajeva

Baltic countries, namely, Latvia, Lithuania and Estonia, the former Soviet states, are making a mark in the world economy. Like India, Baltic countries are contesting with other emerging economies to gain a share of the global market. Given this context, it is insightful to study how emerging economy firms are faring in transitional economies. The case, based upon secondary data sources, helps to comprehend the nature and extent of two-way international business between Latvia, Lithuania and Estonia with Indian firms and Indian market.


2021 ◽  
Author(s):  
Valentin Pospelov ◽  
Nikolay Kotlyarov ◽  
Nikolay Luk'yanovich ◽  
Elena Starodubceva ◽  
Marina Medvedeva ◽  
...  

The textbook describes the current trends in the development of international business in the context of the globalization of the world economy. The presentation of the educational material and tasks for students ' independent work are based on the principles of a competence-based approach. Prepared in accordance with the federal state educational standards of higher education of the latest generation in the direction of training 38.03.01 "Economics" for the profiles "World economy and international business", "Foreign Economic activity". For students and teachers of economic universities, researchers and practitioners, as well as anyone interested in the problems of international business and foreign economic activity.


2018 ◽  
Vol 15 (1) ◽  
Author(s):  
Đuro Đurović

The international business has been consistently represented in the world economy for more than 150 years and has been continuously increasing and strengthening all the time, making it today the most important economic and globalization factor that undoubtedly dominates the world economy. It is characterized primarily by the so-called. multinational corporations that operate through their affiliates in several countries with the main goal of maintaining and increasing their profits. They are now present practically in all countries of the world, and it is estimated that their business activities now contribute to generating the global GDP of about 75%. Such a progressive multinational business generally bases itself on highly competent management and the use of the latest and increasingly productive technologies as a materialized expression of the development of applied economic and social sciences. Within all this, regarding the world-established freedom of movement of capital and labor, national states are making increasing efforts to regulate the breakthrough and functioning of an international business in their territories in the interest of their progress.In this context, in order to regulate the operation of the international business, it has been selected to study the treatment of international business in Serbia, as a small transition country, with the results thus obtained being representative for all the countries of the present day. Consequently, the focus of these studies is the attitude of the state of Serbia and its higher education towards the emerging international business. In this paper, with the help of an adequate questionnaire and respondents from higher education institutions, the attitude of the state and higher education towards the international business is considered, where adequate breakthrough of the positive and inert suppression of the negative activity of that business is ascertained. The positive treatment of this business is reflected in the state stimulation of its attraction in order to raise the level of GDP and employment, while the negative sides refer to the insufficient protection of national economic entities, the poor protection of the available natural resources, and the insufficient study of that business in higher education system of Serbia.On this basis, the paper presents suggestions that the state of Serbia and its higher education should even more constructively treat international business in the function of its further economic prosperity. Of course, all these results are not representative for Serbia only, but practically for all other countries.


2021 ◽  
Vol 26 (1) ◽  
pp. 74-83
Author(s):  
M. N. Leshchenko ◽  
◽  
V. M. Pasenko ◽  

Introduction. The article is devoted to the issues of the modern factors of international business activation in Ukraine and the world. It has been noted that the last decade is characterized by the intensification of digital technologies and their active influence on the development of international economic activity. It has been confirmed that the most important factors in the intensification of international business are the development of information and communication technologies and the "fintech" technologies. It has been shown that the key carriers of modern digital technologies are the leading multinational corporations, which play a key role in the creation, development and dissemination of innovations. Modern TNCs directly affect new trends in international business, global competitiveness in international markets, as well as the economies of the world's economies. The article defines that in the current conditions of international business development it is becoming increasingly obvious that the interdependence between the activities of modern corporations and key trends in the world economy. Purpose. The main purpose of the article is to highlight the trends in the development of digitalization and informatization processes as the most important factors in the development of modern international business. It is necessary to study the indicators of economic activity of corporations in the sector of information and communication technologies. Results. It has been noted that the products of the ICT sector are used mainly by developed countries and especially by developing countries. The least developed countries and countries with economies in transition are almost not involved in this trade, but since 2017 they have been slowly increasing this trend. It has been confirmed that areas of international business differ significantly depending on the use of digital technologies. The risks and opportunities of digitalization for international companies have been identified. The indicators of the information and communication technologies’ development in Ukraine have been analyzed. The progressive development of the IT ecosystem in Ukraine in such elements as the number of IT outsourcing and product companies, the number of people employed in this industry, the growing market share of Ukrainian IT services and products have been identified. Among the modern world-class digital technologies that successfully transform the business environment within the country are the following: cloud computing, Internet of things, robotics, big data, machine learning, artificial intelligence, 3D printing and blockchain. It has been proved that among the main tasks of modern corporations today is the desire to gain new competitive advantages through the use of information and communication technologies, the full use of the needs of informatization of the world economy. Conclusions. Modern opportunities for TNCs in the information sphere are related to the sphere of the Internet of Things (IoT). IoT creates new opportunities for better business conduct and quality, increased customer satisfaction, consumermanufacturer relationships, and generally increased business activity in the industry The risks of informatization have been identified, namely: the growth of cybercrime; strengthening the technological vulnerability of digital infrastructure; issues of aging of fixed assets and their safe disposal; possible weakening of technological and economic national security of individual countries due to the growth of technological dependence on foreign suppliers. The issues of possible job loss due to the development of the innovative industry and automation of production processes are becoming more relevant.


2020 ◽  
Vol 11 (87) ◽  
Author(s):  
Dmitro Maiboroda ◽  

One of the main features of modern development is the intensification of globalization processes, which are objective in nature and are the result of the evolution of the world economy. On today the global development of international economic relations contributes to the process of their transnationalization. Undoubtedly, multinational corporations play an important role in the world economy, as they are the monopoly carriers of foreign direct investment and innovation potential. TNCs are a kind of engine of globalization of the economy, which contributes to the disappearance of trade barriers, improvement of information and communication technologies, the development of market relations. This explains the relevance of the chosen topic, because entering international economic markets must be accompanied by a series of carefully considered measures that will take into account not only the interests of the company, but also the peculiarities of the international environment. The article considers the main stages of development of transnational corporations and identifies the main factors that influenced the processes of transnationalization in different periods. The influence of TNCs on the international economy and the economy of an individual country is determined. The main priority strategies for further development of transnationalization of the world economy are highlighted. The reasons and conditions of transnationalization are also substantiated, the peculiarities of the role of TNCs in international business are investigated. The directions and measures on increase of efficiency of activity of transnational corporations and are analyzed theoretical and methodical approaches to increase the efficiency of international activities of transnational corporations are studied. The role and significance of transnational corporations in the system of international business are determined.


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