Integrated international production And its implications

The two previous chapters highlighted the growth of complex corporate strategies and organizational forms for transnational corporations (TNCs). They have shown that virtually every function or activity along a TNC's value chain can be performed in various geographical locations in an integrated manner by one or several parts of a transnational enterprise system, depending on what configuration contributes most to the profitability of the entire corporate system. The present chapter looks at the result of these changes: a system of international production, which has important implications for the world economy and for host countries.

Sustainable Development Goals:

Decent Work and Economic Growth