IDEAS home Printed from https://ideas.repec.org/h/spr/eurchp/978-3-030-11833-4_8.html
   My bibliography  Save this book chapter

Assessment of the Role of MNCs in the Process of Manufacturing Industry Globalization

In: Eurasian Economic Perspectives

Author

Listed:
  • Irena Pekarskiene

    (Kaunas University of Technology)

  • Rozita Susniene

    (Kaunas University of Technology)

  • Asta Saboniene

    (Kaunas University of Technology)

  • Akvile Cibinskiene

    (Kaunas University of Technology)

Abstract

The development of economic globalization is commonly linked to the activities of multinational companies (MNCs) that are the main participants of the process of globalization. Activities of MNCs are very prominent in the manufacturing industry. MNCs that operate in manufacturing transfer their production to foreign countries that are closer to raw materials, labor resources or consumers in order to reduce production costs or find new sales markets. In this way, manufacturing MNCs “push” the process of globalization and have a significant impact on the development of manufacturing in host countries. Considering the expansion of international production and trade, manufacturing MNCs can be treated as the key channel for the transmission of globalization. This paper analyzes the role of MNCs in the process of manufacturing globalization applying the concept of cause and effect. After the analysis of the nature of MNCs’ activities, two groups of indicators have been selected and systematized following the cause and effect attitude: (1) the indicators that reflect the input of MNCs in the process of manufacturing industry globalization; (2) the indicators of manufacturing development that reflect the impact of globalization transmitted through the channel of MNCs. On the basis of indicators selected, the empirical research is conducted on an example of a small open economy.

Suggested Citation

  • Irena Pekarskiene & Rozita Susniene & Asta Saboniene & Akvile Cibinskiene, 2019. "Assessment of the Role of MNCs in the Process of Manufacturing Industry Globalization," Eurasian Studies in Business and Economics, in: Mehmet Huseyin Bilgin & Hakan Danis & Ender Demir & Ugur Can (ed.), Eurasian Economic Perspectives, pages 109-139, Springer.
    • Handle: RePEc:spr:eurchp:978-3-030-11833-4_8
    DOI: 10.1007/978-3-030-11833-4_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:eurchp:978-3-030-11833-4_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.