Introduction

Part Two highlighted cases of developing countries and economies in transition that have strengthened their export competitiveness over the past decade and a half, increasing their market shares in dynamic export products as well as moving up the technology ladder from exports of natural resources or low-technology products to those embodying higher technologies. It also drew attention to the role of TNCs in the exports of a number of other countries, including countries that have found new niche markets in the export of services, products or fresh agricultural produce. All these countries have, in one way or another, linked up with TNCs to enhance their export competitiveness. While there are different ways to improve the export competitiveness of a country, the pervasive role of TNCs in world trade makes it important for countries to contemplate how to take advantage of TNC activities in terms of enhancing their own development objectives.

Sustainable Development Goals:

Decent Work and Economic Growth