PROBLEMS OF TNC ACTIVITIES IN THE CONDITIONS OF DEEPENING GLOBALIZATION PROCESSES

Abstract

The article examines the problems of the economic activity of TNCs in the conditions of deepening globalization processes in the world. Globalization exerts a dominant influence on the development of any national economy. However, the globalization of the economy is not only a benefit from the country’s increased participation in global economic processes, but also a high probability of losses and increased risks. It predicts that countries become not only interdependent due to the formation of a system of international integrated production, the growth of world trade and foreign investment flows, the intensification of the movement of technological innovations, etc., but also more vulnerable to the negative impact of global economic relations. Therefore, there is now a need to rethink globalization processes and the participation of TNCs in them. The article examines globalization processes: essence, main features and factors of competitiveness of corporations in different countries of the world. The author researched the international activities of TNCs in the conditions of globalization, highlighted the problems of their further development and the impact of globalization processes on the global economy. The comprehensive characteristics of the dominant trends in the international activity of TNCs are analyzed. The problems of globalization of the world economy, which cause ineffective functioning of transnational corporations, are considered. Evaluating the global change in the contours of the international activity of TNCs, it has been proven that TNCs, by their nature, driving forces, vector orientation and development mechanism at all stages of world economic progress, vividly crystallize systemic financial imbalances.