Effects on MNCs of Globalisation

Registration ID: IJNRD_180611

Published ID: IJNRD2306157

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Saathi Mukherjee

MNCs, Globalization, Trade, Foreign Direct Investment, World Economy

An integrated world economy that would function ideally could only exist if individual public economies worked like well-oiled cogwheels. For that, there needs to exist a deeper and broader level of profitable integration. The broadening is observed when the likes of developing countries from Latin America or one of the socialist countries in Central and Eastern Europe are added to the global economic system. This research sample shall concentrate on the aspect of aforementioned deepening, where developed countries are actively involved. It is through various channels like overseas trade, foreign direct investment, and international technology flows that globalisation has been integrated into individual economies as stated above. The following research aims to investigate the top part of MNCs' role in magnifying the colourful networks of economic globalisation. It is a matter of fact that MNCs are able to exercise a great deal of control on making opportunities out of mere chances, capitalizing on the market to create what is known as a ‘global village.’ As businesses, culture, ethics and the society overall continue to be affected by globalisation, the debate arises whether MNCs are fuelling the fire in a positive or negative way. This paper adopts the inverted triangle structure, first analysing MNCs as the driving force and oil to the engine that world economy is, and then proceeds to study the Indian economy as an affected tool. A thorough study of data and statistics precedes and runs imparallel to existing concepts of an ideally impacted system. The conclusion finds its foundation in this overall study.

Published Paper   E-Certificate

Saathi Mukherjee (June-2023). Effects on MNCs of Globalisation. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 8(6), b514-b518. https://ijnrd.org/papers/IJNRD2306157.pdf

Volume 8 Issue 6, June-2023

Pages : b514-b518

Paper Reg. ID: IJNRD_180611

Published Paper Id: IJNRD2306157

Downloads: 000122256

Research Area: Other

Author Type: Indian Author

Country: Noida, Uttar Pradesh, India

Published Paper PDF: https://ijnrd.org/papers/IJNRD2306157.pdf

Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2306157

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