Shifting Trend of Multinational Corporations : Old Versus New
Keywords:
Mulitinational CorporationsAbstract
MultinationalCorporation(MNC)isnotanewtopicinInternationalPolitical EconomyeitherinInternational Relationsstudy.Asithadbeenoperatingallovertheworldasmuchashavingappearedinmanypapersandresearch. However,thereisashiftingtrend,atleastsinceadecadeagoregardingtherise of MNC from Emerging Countries. Surprisingly, the North –Southrelationswhichhadbeenwellestablishfacedre-formulated tobecomeSouth- SouthevenSouth–Northrelations.Thefirmsfromdevelopingeconomies are comingintoglobalmarkets andchangingtheshapeoftradecompetition, investmentandregulation.BythepresenceofMNCfromemergingcountries theeconomicarchitectureasawholeandinternational tradeasapartofit fundamentallychanged.
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