Reading Assignment 4: Economic Globalization --DENG HUICHEN
Economic Globalization - CorporationsPeter Dicken 1) Summary From the perspective of economic globalization, transnational corporations (TNC) are leading the global economy, which are mainly distributed in developed countries, and there are many transnational corporations in developed countries. However, nowadays, there are many multinational companies in developing countries, and the number of multinational companies is increasing step by step. The author explains the influence and purpose of transnational corporations (TNC) in economic globalization through five questions. (1) the scale and geographical distribution of TNCs in the global economy; (2) why and how corporations engage in transnational activities; (3) the geographical embeddedness of transnational corporations; (4) the‘webs of enterprise’ manifested in transnational production networks; (5) the power relationships between TNCs and other actors in the global economy. The development of companies wi...