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Theoretical and Applied Economics
No. 1 / 2007 (506)

The Impact of STN on Developing Markets in Relation with Globalization

Alexandru Ionescu
Universitatea Romano-Americana Bucuresti

Abstract. Economic reality worldwide is marked by the evolution of globalization. This process entails effects that are perceived differently at national economy levels, function of their degree of development. We will proceed by attempting a survey of aspects pertaining to the relationship between globalization and developing economies, stressing on internationalizing Transnational Corporations and its effects.

Keywords: globalization; transnational corporations; internationalization; economic opening; competitive edge.

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