Title	MODERN TRENDS TOWARDS TRANSNATIONALIZATION OF THE WORLD ECONOMY
Authors	Motorniuk, Uliana Terebukh, Marta Kuziak, Victoriia
Bibliographic description: (International)	Motorniuk, U., Terebukh, M. & Kuziak, V. (2018). Suchasni tendentsii transnatsionalizatsii svitovoi ekonomiky [Modern trends towards transnationalization of the world economy]. Sotsialno-ekonomichni problemy i derzhava [Socio-Economic Problems and the State] (electronic journal), Vol. 19, no. 2, pp. 13-25. Available at: http://sepd.tntu.edu.ua/images/stories/pdf/2018/18muitse.pdf
Issue Date	dec-2018
Submitted date	oct-2018
Publisher	Ternopil Ivan Puluj National Technical University
DOI:	https://doi.org/10.33108/sepd2018.02.013
UDC	334.78:339.9
JEL:	F23
Keywords	Forbes Global 2000 transnational corporation transnationalization trend global economy globalization industry foreign direct investment international production
pages	13
first page	13
last page	25
Abstract	In the article, we have examined the current trends towards transnationalization of the world economy. The main stages of the development of transnational corporations are considered, the concept of transnational corporation is specified, and the ambiguity of approaches to the processes of transnationalization of the world economy is emphasized. Particular attention is paid to modern criteria of classifying corporations as transnational, in addition, the advantages and disadvantages of transnational corporations in host countries are analysed. We have also studied the modern trends in global flows of direct foreign investments, which are carried out by large TNCs. A decisive role of innovations in the processes of transnationalization of the world economy is emphasized; the reasons for increasing the scope of TNCs' activities are outlined. In the article, there is an analysis of sectoral and geographic aspects of transnationalization of the world economy, as well as of the trends towards its offshore nature. We have found that contemporary global TNCs influence the development of the modern world economy through the implementation of social projects and ensuring a more balanced gender composition of the companies’ management.
URI	http://elartu.tntu.edu.ua/handle/lib/27155
ISSN:	2223-3822
Copyright owner	Електронне наукове фахове видання «Соціально-економічні проблеми і держава», 2018
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type	Article
Appears in Collections	Socio-Economic Problems and the State, Vol. 19, no. 2