Reading Assignment 4: Economic Globalization --HE YUNONG
Economic Globalization - CorporationsPeter Dicken 1) Summary The author denies the view that economic globalization has weakened the autonomy of nation-states, and carefully describes and explains the nature and significance of transnational corporations in the process of economic globalization. The following five points were mainly discussed: 1.The scale and geographical distribution of multinational corporations in the global economy: In fact, the forms and scales of transnational corporations are different. Global corporations operating in dozens of countries and transnational corporations operating only in one or two countries outside their headquarters have one thing in common, that is, they operate in different political, social and cultural environments. There are more and more kinds of multinational companies in the global economy. 2.why and how the company engages in transnational activities; Go-to-market investments: Improving profitability will likely depend on expanding