INTERNATIONAL PRODUCTION OF MULTINATIONAL ENTERPRISES

Анотація

The article analyzes the essence and scale of multinational enterprises (MNEs) international production. The questions of methodology and terminology of MNEs definition, evolution of views as well as the main approaches on this issue in the world and domestic economic literature are considered. It is argued that the concept of multinationality is a key attribute of modern international firms, the main feature of creating value process in their global chains and one of the most important competitive advantages of these firms over national companies. The development of the international production fragmentation theory and the terminology of global value chains is shown, as well as theoretical macroeconomic assessments of fragmentation and global value chains on the participating countries. Also paper shows the role of multinational firms in the world economy, modern tendencies of international production, dynamics of new annual foreign direct investments inflow and other indicators of the international production of multinational enterprises. It is argued that the reasons for a different trends of such indicators dynamics are the peculiarities of MNEs foreign affiliates financial mechanism after the global financial crisis and the development of network outsourcing mechanisms for the externalization of international production.

Класифікація

Ідентифікатори

Схожі роботи