Publication
Aug 2001
The activities of multinational enterprises drive the economic globalization process to a very large degree. This paper lists some facts about their dominant role in all channels of globalization. Therefore, the importance of multinational enterprises in foreign direct investment and production abroad is examined as well as their contributions to the international transfer of knowledge and technology and to foreign trade. It is argued that economic theory must account for multinationals’ activities in the analysis of the globalization process.
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English (PDF, 32 pages, 991 KB) |
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Author | Jörn Kleinert |
Series | Kiel Institute Working Papers |
Publisher | Kiel Institute for the World Economy |
Copyright | © 2001 Kiel Institute for the World Economy |