Transational Corporations

The money transfer internationally has generated a metamorphosis of the world economy under the supremacy of transnational corporations. The inflows of foreign capital into the host countries' economies is considered a solution to the multiple problems faced, especially by developing countries – unemployment, lack of monetary funds, or high-performance technology. The presence of transnational corporations in the economies of the host countries has proved to be not always beneficial for them, as there are significant discrepancies between their interests as economic agents and national interests. For this reason, the attitude of the public authorities towards foreign direct investments has been nuanced, and differentiated financial and fiscal incentives have been established to maximize their positive impact. Over time, specialists have drawn attention to the negative externalities generated by transnational corporations. International organizations like the UN or the OECD are involved in improving the global corporation's workings to promote corporate social responsibility.