New Multi-National Companies and Developing South
Subject Areas :
Saeed Mirtorabi
1
(Assistant Prof. at Kharazmi University)
Keywords: New Multi-National Companies, Western Multi-national Companies, South- South Investment, Developing South, the New Methods of Direct Foreign Investment,
Abstract :
The role of multi-national companies on global capitalization and trade is a familiar phenomenon for developing issues and knowledgeable ones and international trade experts. The positive and negative effects of these companies’ activities on the current of developing in south have been focused by various intellectual ones and an extensive literature in this field has been produced. Nevertheless, has seen a new and growing kind of direct foreign investment that its origin is south countries and along this, a new kind of multi-national companies have been appeared that are named new multi-national companies. This paper is trying to examine the effects of these new players’ activities on the development view in south. This paper shows that the new multi-national companies have significant differences to western multi-national companies and the rise and developing activity area of these companies, from different aspects, is considered a positive change on the current of developing south low-paid countries. The main claim of this paper that is presented as a hypothesis is the new multinational companies in total have positive impact on the opportunities of attracting foreign investment as a result developing in south countries for increasing the volume of foreign investments in the world, giving variety to the methods of interesting and having more cultural similarities to south countries.
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