Abstract

Since the contemporary world is witnessing important economic developments, and on more than one level, the international productive integration was launched on the impact of the scientific and technological revolution. There is the rising role of some international institutions such as the World Trade Organization, the International Monetary Fund and the International Bank for Reconstruction and Development. There are also economic blocs such as the European Union, ASEAN and NAFTA....and all of these developments constitute tributaries in favor of globalization, which represents the general picture expressing the current global economy, which is led by the advanced capitalist economies. The growing role played by multinational companies in the context of economic globalization, and in particular their role in the movement of investments at the global level, and the transfer of capital from one country to another, with a kind of overlap less like in the past, is not hidden, so that some developed countries have become leaders in importing and exporting investments at the same time.

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