GPHY 228 Lecture 8: GPHY 228 – Week 4 – Lecture 2
6 Feb 2017
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Pols 228 week 4 lecture 2 (cid:862) of the (cid:449)orld"s (cid:1005)(cid:1004)(cid:1004) largest e(cid:272)o(cid:374)o(cid:373)ies, (cid:1009)(cid:1005) are (cid:272)orporatio(cid:374)s (cid:449)hile o(cid:374)l(cid:455) (cid:1008)9 are (cid:272)ou(cid:374)tries (cid:863) Example: shell (part of company is dutch other part is british) World investment report 2002, that there are 65,000 tncs today with 850,00 foreign affiliated, accounting for 1/10 of gdp and 1/3 of worlds exports. Forms of fdi (foreign direct industry) (at lead 10% stake of the shares of voting power of another company abroad) in the form of branch plants etc. They account for large proportion of world exports. They are economically active in a number of countries, they are able to shift resources and operations around the globe. The are oligopolistic i. e. dominated by a few firms. They have greater access to finance and credit than smaller network films. Tncs became more powerful over a 120 year period.
