Reading Assignment 4: Economic and Globalization
Economic Globalization:Corporations Peter Dicken (1) Summary Transnational corporations are highly mobile and can quickly arrange investment and production in response to political and economic changes in countries.TNCs undoubtedly have more advantages in negotiations between TNCs and the Governments of the investing countries.According to Peter Dicken, a professor at Manchester University, TNCs are the most active players in globalization today, and they can use their international investment and production to arrange capital flows quickly.Against this background, international experts, including Deacon, agree that TNCs have a negotiating advantage over nation-states when they engage in constant policy competition to attract investment. (2)Interesting point In 2020, China's FDI flow to 1,630 billion US dollars, highest value for the first time, and beyond this century, and more than 200 billion years beyond 2019 the United States.A...