State TNCs in the world market of foreign direct investment: modern trends

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Abstract


Nowadays state TNCs are outstanding players in the world FDI market. National governments are often supporting investment activities of the state TNCs, stimulating them to integrate actively into the global value-added chains. This article on the basis of latest statistical data reviews main trends od state NTCs activity as well as shifts of their positions in the world economic architecture. The articles stresses that state TNCs from developing and transitive countries are leading in the process of international investment. The author came to the conclusion that state TNCs tend to be substantially active in that sectors where they are mostly strong in the domestic markets, and as well as in capital-intensive sectors, where they possess monopolistic position for getting economy of scale or, where it is important for the economic interests of the home country.

N A Volgina

Peoples’ Friendship University of Russia

Email: nat_volgina@yahoo.com

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