Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
981651 | Procedia Economics and Finance | 2014 | 6 Pages |
In this paper, the authors are assessing the role of transnational corporations in transforming the international division of labor. Two main instruments of action are depicted: foreign direct investments and the new economic internal relationships system. The research work demonstrates the creation of uneven conditions of participation of developed, developing and transition countries to the international division of labour. These circumstances, established during the process of globalization strategy implementation, become constant factors of empowerment of a passive role of the latter countries in this process. A case study on energy transnational corporations acting on the Romanian territory comes to prove the consistency of the alleged conclusions of the previous theoretical approach.