Reading Assignment 4: Economic Globalization---LI YULUN
What is the relationship between the economy and globalization? 1) Summary To dispel the stereotype that transnational corporations weaken the autonomy of nation-states, five aspects are explained: the size and geographic distribution of multinational corporations in the global economy, why and how corporations engage in transnational activities, the geographic distribution of multinational corporations, embodied in "firm networks" in multinational production networks, the power relations between multinational corporations and other actors in the global economy. Under the general trend of economic globalization, all enterprises and countries in the world are facing the pressure of structural transformation and economic activities. In the process of this transformation, the market will be re-cleaned, new product markets, new trading partners, and new markets will be created. The field of economic activities, it provides enterprises with advanced technology and advanced manag...