| At present, world economy is having an experience of overall, profound and overwhelming innovation caused by Economic Globalization, which transforms rapidly the development process of human economic society. Accompanied by the enhanced economic relations among countries all over the world, statement concerning with Economic Globalization in domestic and abroad academia is getting more and more. Economic Globalization indicated in this paper means to be transferred to become an incorporative interdependent world economy, which is far from a relatively isolated world economy due to the international trade and investment barrier as well as the difference of public regulations, culture and enterprise systems. Economic Globalization consists of two parts: market globalization and production globalization. There are three main causes to form Economic Globalization: 1. Deepened world wide labor distribution is the basic reason to form Economic Globalization. 2. Great development of science and technology is the important reason for promoting Economic Globalization. 3. Economic Globalization is the necessary result of profit maximization. As a background of the trend for matching towards a greater Economic Globalization, two macroscopic factors are playing potent roles in this aspect. One is the reduction of barrier of free flow of commodity, service and capital since the Second World War. The other is the technology transforming, especially the rapid development of communication, information processing and transportation technology in recent years. In the past 30 years, great changes have been arose in world economic pattern. Besides developed countries with USA as their head, a group of rising developing countries or areas are having a greater and greater action on the international economic stage under a strong economic growth tendency. Economic Globalization has a great influence on the world economy and social development, and on the economy of both developed and developing countries. How we treat and recognize these influences caused by Economic Globalization, especially how we treat these negative influences correctly, is a very important topic worthy for thorough study. Since 1950s', Multinational Corporation has been active on the world economic stage and its scale is getting larger and larger along with time elapse. In recent years, as a dominant force of FDI, Multinational Corporation is growing rapidly all over the world and become the main power for promoting the development of Economic Globalization, which is having a more and more important action on world economy. With competitive superiority in technology, super size and financing capability, Multinational Corporations are seeking a new global management strategy. Profit making is the basic aim of an enterprise. An enterprise must improve its capability of profit making through enlarging its production and management in oversea markets and increase product value and reduce cost through choosing and implementing different strategies in international competition in order to make a profit. By transferring core capability, and realizing area economy and experience curve economy, international enterprises can realize global enlargement and reduce cost and area adjustable stress continuously to realize a profit. Four basic strategies are adopted in the international competition, i.e. international strategy, multinational strategy, global strategy and transnational strategy.At present, Economic Globalization is the main tendency of world economy development. WTO strengthens the multi lateral trade system and then promote the development of Economic Globalization. China's entering WTO not only speeds up the process of China's participating Economic Globalization, but also helps to have a healthy development of Economic Globalization. Economic Globalization has not only brought an opportunity, but also a challenge to our economic development. Under the condition of Economic Globalization, the main economic strategy includes: 1. Exactly obser... |
PDF Full Text Request