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The Role of TNCs in U.S. Economic Strategy
Chernova O. V., Zaiats D. H.

Chernova, Olga V., and Zaiats, Diana H. (2021) “The Role of TNCs in U.S. Economic Strategy.” Business Inform 5:42–48.
https://doi.org/10.32983/2222-4459-2021-5-42-48

Section: International Economic Relations

UDC 339.98

Abstract:
The article is aimed at analyzing the impact of American transnational corporations (TNCs) on the economic strategy of the United States of America. During the research, the essence of the category of «transnational corporation» is considered and the peculiarities of functioning of the leading TNCs are defined. The key vectors of U. S. economic strategy at the present stage are specified. The activities of transnational (multinational) corporations in the United States of America is analyzed. The article carries out a comprehensive analysis of the existing ratings of American transnational corporations. The key indicators of their activity in various spheres of public production and sectors of economy are analyzed. The impact of transnational corporations on the U.S. economy is evaluated by analyzing the dynamics of exports, imports, indices of gross domestic product (GDP) and gross domestic product per capita. The activities of American TNCs in the territories of foreign countries is studied. The analysis of the dynamics of direct foreign investment of the United States of America abroad and the scale of investment in the national economy of the country from abroad is carried out. The geographical structure of foreign direct investment from the United States of America is considered. Existing threats to the U.S. economy caused by transnational corporations are identified, and their consequences are estimated. Conclusions have been drawn on the future prospects of transnationalization of the US economy and the impact of global companies on the economic strategy of the United States of America.

Keywords: transnationalization, globalization, transnational corporation (TNC), multinational company, foreign direct investment (FSI), geographical structure of foreign investment flows, economic strategy, lobbying.

Fig.: 5. Tabl.: 1. Bibl.: 11.

Chernova Olga V. – Candidate of Sciences (Economics), Associate Professor, Associate Professor, Department of Economics and International Economic Relations, Poltava State Agrarian University (13 Skovorody Str., Poltava, 36003, Ukraine)
Email: [email protected]
Zaiats Diana H. – Masters Student, The University of the State Fiscal Service of Ukraine (31 Universytetska Str., Irpіn, Kyiv region, 08201, Ukraine)
Email: [email protected]

List of references in article

Davydova, I. O., Velychko, K. Yu., and Pechenka, O. I. Transnatsionalni korporatsii [Transnational Corporations]. Kharkiv: Fort, 2018.
“United Nations Conference on Trade and Development“. https://unctad.org/
“Fortune Global 500. 2019“. https://fortune.com/global500/2019/
Khvatov, Yu. Yu. “Ekonomika SShA: etapy i analiz suchasnykh tendentsii rozvytku“ [The US Economy: Stages and Analysis of Current Development Trends]. Akademichnyi ohliad, no. 2 (2017): 84-95. DOI: 10.32342/2074-5354-2017-2-47-9
“UNESCO Science Report Towards 2030“. http://unesdoc.unesco.org/images/0023/002354/235406e.pdf
The World Bank. https://www.worldbank.org
Skorokhod, I. S., and Myroniuk, I. M. “Diialnist TNK na svitovomu naftovomu rynku“ [Activities of TNCs in the World Oil Market]. Naukovyi visnyk Uzhhorodskoho universytetu. 2017. http://www.visnyk-ekon-old.uzhnu.edu.ua/images/pubs/49_2/49_45-48.pdf
“10 Largest Employers in the United States“. https://largest.org/misc/employers-usa/
Manoilenko, D. V. “Derzhavy ta transnatsionalni korporatsii: problema vzaiemovidnosyn (mizhnarodno-pravovyi aspekt)“ [States and Transnational Corporations: Relationship Problems (International Legal Aspects)]. Naukovyi visnyk Uzhhorodskoho natsionalnoho universytetu. Seriia «Pravo», vol. 2, no. 29 (2014): 258-261.
“Foreign Direct Investment (FDI): United States“. Select USA. https://www.selectusa.gov/servlet/servlet.FileDownload?file=015t00000003D9M
Amelin, A., and Khomenko, O. “Kapitalizatsiia amerykanskykh investoriv, yaki investuvaly v Ukrainu - $0,8 trln“ [Capitalization of American Investors who Invested in Ukraine - $ 0.8 Trillion]. https://uifuture.org/publications/23455-kapitalizacia-amerikanskih-investoriv-aki-investuvali-v-ukrainu-08-trl/

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