Nation economy to size of multinational corporation

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Reference no: EM131112716

It is difficult to compare the size of a nation’s economy to the size of a multinational corporation (MNC), as it is a bit like comparing apples to oranges. However, by almost any measure, whether comparing GDP or revenues, it would appear that, were MNCs countries, a significant number of them would eclipse the economies of the majority of the world’s nations. What are the impacts of this, whether political, economic, cultural, or otherwise? Should we be concerned? If so, what steps might be taken to mitigate the negative consequences? Conversely, what positive impacts might be derived and how might we capitalize on them?

Reference no: EM131112716

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