Countries’ Competitiveness as a Factor of MNCs’ Global Expansion

  • Denis S. USHAKOV International College, Suan Sunandha Rajabhat University, Dusit, Bangkok, Thailand
  • Oksana I. KHAMZINA Department of Economic Security, Accounting and Audit, Ulyanovsk State Agrarian University named after P.A. Stolypin, Ulyanovsk, Russian Federation
  • Rassul A. KARABASSOV Department of Marketing, Saken Seifullin Kazakh Agrotechnical University, Nur-Sultan, Kazakhstan
  • Irina A. ZAIARNAIA Department of Economics, Finance and Management, Novorossiysk Branch of the Financial University under the Government of the Russian Federation, Novorossiysk, Russian Federation
  • Vera A. GNEVASHEVA Moscow State Institute of International Relations (MGIMO), Moscow, Russian Federation

Abstract

National competitiveness is an important factor determining the directions and instruments of modern TNCs international expansion. Based on the model proposed by the author for the re-classification of national competitiveness factors used by international organizations, the study presents an attempt to determine the role of countries competitiveness in international multinationals flows, and draws conclusions regarding the directions of state foreign economic policy modernization in the dynamics of entrepreneurship trans-nationalization.

References

[1] Abikenov, A. et al. 2019. The problems of effectiveness and implementation of the international legal norms of the states of the Eurasian Economic Union (EAEU). Bulletin of the Georgian National Academy of Sciences 13(1): 175-181.
[2] Akhmetshin, E.M. et al. 2017. Management of investment attractiveness of enterprises: Principles, methods, organization. International Journal of Applied Business and Economic Research 15(23): 71-82.
[3] Akhmetshin, E.M. et al. 2018. Innovation process and control function in management. European Research Studies Journal 21(1): 663-674.
[4] Chen, S., Wang, Y. 2008. REPI-based evaluation for resource-efficient and environment-friendly society in China. International Journal of Ecological Economics and Statistics S08: 110-113.
[5] Demsetz, H. 2008. From economic man to economic system. Essays on human behavior and the institutions of capitalism. Cambridge University Press.
[6] Dodd, P. 1992. The market for corporate control: a review of evidence. In: J. Sternand, D. Chew (Eds.). The Revolution in Corporate Finance. Blackwell.
[7] E-Commerce and Development Report. 2013. UNCTAD.
[8] Gluck, F., Kaufman, S., Walleck, S. 2010. Thinking strategically. McKinsey & Co.
[9] Krallinger, J. 2007. Mergers & acquisitions: managing the transaction. McGraw-Hill.
[10] Mishchenko, V., Naumenkova, S., Mishchenko, S., Ivanov, V. 2018. Inflation and economic growth: The search for a compromise for the Central Bank’s monetary policy. Banks and Bank Systems 13(2): 153-163.
[11] North, D. 2005. Understanding the process of economic change. Princeton University Press.
[12] Ohmae, К. 2001. The end of the nation state: the rise of regional economies. Willdorf.
[13] Podolny, J., Page, K. 2008. Network forms of organization. Annual Review of Sociology 24(1):57-76.
[14] Transnational Corporations in World Development. 2010. UNCTAD.
[15] Uçak, A. 2013. An analysis on competitiveness structure of Indian economy in the framework of the WEF Global Competitiveness Index. International Journal of Statistics & Economics11(2): 105-124.
[16] Usenko, L.N. et al. 2018. Formation of an integrated accounting and analytical management system for value analysis purposes. European Research Studies Journal 21: 63-71.
[17] Williamson, O. 2002. The theory of the firm as governance structure: from choice to contract. Journal of Economic Perspectives16(3): 171-195.
[18] World Investment Report. 2013. Cross-border mergers and acquisitions and development. UNCTAD.
Published
2019-11-03
How to Cite
USHAKOV, Denis S. et al. Countries’ Competitiveness as a Factor of MNCs’ Global Expansion. Journal of Advanced Research in Law and Economics, [S.l.], v. 9, n. 6, p. 2169-2175, nov. 2019. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/3985>. Date accessed: 21 dec. 2024. doi: https://doi.org/10.14505//jarle.v9.6(36).32.