Artemova A.G.Published in:
Public-Private Partnership
– Volume 4, Number 1 (January-March 2017)

JEL classification: F15, F23, L32, L38, L61

Keywords: public-private partnership, transnational corporations, world economy


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Abstract:

The article examines the issues of internationalization and globalization of a modern economy. We revealed the role of transnational corporations in these processes. We studied such modern development trends of transnational corporations as a constant aspiration for self-improvement, access to cheaper natural, financial and intellectual resources, and competently built administrative structure. We proved that these trends of internal management allow global companies to participate directly in the country’s GNP formation (gross national product), and to develop individual industries and host countries’ economies in general.

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