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TERRA ECONOMICUS

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  • The role of foreign direct investment and transnational corporations in the development of the Russian metallurgical complex

The role of foreign direct investment and transnational corporations in the development of the Russian metallurgical complex

TERRA ECONOMICUS, , Vol. 12 (no. 2),
p. 82-87

The article examines the role of foreign direct investment (FDI) and transnational corporations (TNCs) in the modernization of metallurgical complex and increase its competitiveness in the global market of ferrous metallurgy. Experience upgrading metallurgical complex in China and India suggests that FDI and TNCs contribute to an increase in the transfer of new technologies and new knowledge management practices, which are key factors increasing the competitiveness of the industry.


Keywords: iron and steel; Russia; development strategy; TNK; foreign direct investment

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Publisher: Southern Federal University
Founder: Southern Federal University
ISSN: 2073-6606