INFLUENCE OF TRANSNATIONALIZATION FOR THE DEVELOPMENT OF COMPETITIVE RELATIONS

Authors

  • S Tsyganov Institute of International Relations of Kyiv National Taras Shevchenko University
  • V Syzonenko PhD (Econ.), Associate Professor
  • N Tsyganova Vadym Hetman Kyiv National Economic University,

DOI:

https://doi.org/10.17721/apmv.2018.137.0.77-88

Abstract

Abstract. The essence of transnationalization as a special stage of globalization of economy is investigated. The essence of transnational corporations (TNCs) is revealed, their place in the system of international economic relations is determined. The role of TNCs in the context of their particular impact on the integration of national enterprises into the world economy and the main causes of the transnational capital movement at the present stage are analyzed. The new forms of the influence of transnationalization on the development of a competitive environment in the world economy are considered. The peculiarities of national base of transnational corporations and their branch specialization are analyzed.
The problems and contradictions of the functioning of the TNC as the basis of the development of the world economy at the present stage and the changes in their activities as a result of the evolution of global processes and the intensification of the use of information and communication technologies are considered. The prospects of innovation and investment cooperation of Ukraine with TNCs as a powerful mechanism for the emergence of a long-term financial and economic crisis are proposed. Attention is drawn to the problems of attracting small and medium enterprises in the network of TNCs.
Key words: globalization, global competition, international competitiveness, innovations, transnationalization, transfer prices, financial policy

Author Biographies

  • S Tsyganov, Institute of International Relations of Kyiv National Taras Shevchenko University
    Doctor of Economics, professor of the Department of International Finance
  • N Tsyganova, Vadym Hetman Kyiv National Economic University,
    PhD (Econ.), Associate Professor of the Banking Department

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Published

2019-02-11