Journal of Economics and Economic Education Research (Print ISSN: 1533-3590; Online ISSN: 1533-3604)

Abstract

Transnational Enterprise Central Element Global Economic Growth

Author(s): Shruti Maheshwari

The corporations which operate internationally and provide its product, facilities and services to the population of more than one country are known as multinational corporations. Legally, they are required to situate their headquarters in one country and operate their global business only from there the objective of this essay is to analyse and assess the constructive and destructive impacts of considering multinational corporations the main driver of globalisation. The essay will evaluate what the effects of multinational corporations over an economy of developing and developed countries, job creation and the negative impacts such as tax evasion and exploitation of local firms through stiff competition

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