Positive impact of MNC & FDI
International Political Economy
Second exam
J.C. Odencrantz
4/24/2012
TN
Gilpin writes that “opinions corporate on differs greatly over the significant for international and domestic economic affairs of the Globalization of corporate activities” explore how MNCs and FDI impact domestic and international economies using one of the perspectives discussed by Gilpin (perspectives can be from business economics or political economy)
International Political Economy
Second exam
J.C. Odencrantz
4/24/2012
TN
Gilpin writes that “opinions corporate on differs greatly over the significant for international and domestic economic affairs of the Globalization of corporate activities” explore how MNCs and FDI impact domestic and international economies using one of the perspectives discussed by Gilpin (perspectives can be from business economics or political economy)
Positive impact of MNCs and FDI toward economy
Introduction.
Multinational Corporation is the key element of globalization. MNCs internalize the production across the borders. MNC is a company establishes branches in more than one country. According to Baafi MNC are the ownership or control of productive assets in other countries which makes MNC separated from others, that is why they do overseas business by simply exporting and importing good and services.(Bossman Baafi 2009, 1). Dunning cited in the paper which is unknown that Multinational corporation is “an enterprise that engages in foreign direct investment (FDI) and owns or controls value adding activities in more than one country” (Dunning 1993, 3). There are great number of MNCs around the world such as Toyota, Coca-Cola, IBM, Mercedes, and ETC. according to United Nation Conference on Trade and development, as of 2006, there were 63,000 multinational corporation with over 700,000 branches scattered across the world. (shoo 2011, 1)
Multinational