Economic globalization and transnational companies
…Economic globalization has different consequences on businesses all over the world and influences almost every
other sphere of human life. Globalization has potential benefits on the one hand, and costs or risks on the other…
…One of the consequences of the globalization is the appearing of the transnational companies. Today in the world
exist 500 the biggest of the 40,000 transnational companies, which penetrate in the Economy of 150 states of the world and have more
than 200,000 filiales in different countries. They controlled more than the half of the industrial production, 63 percent of external
trade, 80 per cent of patents and license on new technique, technology of know-how…
…Two-three transnational companies control the all-international net of telecommunications. In such conditions the
national country can’t keep its function and sovereignty in former volume. But today it’s very important for regulation economy and
overcoming of social and economic problems of the society, ecological and other crises…
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