Spanish Transnational Business: Economics and Geopolitics

The article shows that the one of key factors of the socio-economic development of Spain in the post-Franco period was the true corporate revolution - the folding of a large group of companies whose production activities have crossed national borders and become international. The process of internat...

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Autor principal:	P. P. Yakovlev
Formato:	article
Lenguaje:	EN RU
Publicado:	Ассоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”) 2020
Materias:	spain economic modernization transnational business construction corporations military-industrial complex coronacrisis effects International relations JZ2-6530
Acceso en línea:	https://doaj.org/article/5a90a4ec95214835b3175e71c96129ae
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id	oai:doaj.org-article:5a90a4ec95214835b3175e71c96129ae
record_format	dspace
spelling	oai:doaj.org-article:5a90a4ec95214835b3175e71c96129ae2021-11-07T14:45:05ZSpanish Transnational Business: Economics and Geopolitics2542-02402587-932410.23932/2542-0240-2020-13-6-8https://doaj.org/article/5a90a4ec95214835b3175e71c96129ae2020-12-01T00:00:00Zhttps://www.ogt-journal.com/jour/article/view/706https://doaj.org/toc/2542-0240https://doaj.org/toc/2587-9324The article shows that the one of key factors of the socio-economic development of Spain in the post-Franco period was the true corporate revolution - the folding of a large group of companies whose production activities have crossed national borders and become international. The process of internationalization of Spanish business covered various sectors of the economy, including the military-industrial complex, and had an impact on the geopolitical situation of the Spanish state, it’s foreign policy. In addition, according to the author, the strengthening of the position of transnational business largely ensured Spain’s exit from the crisis of 2008-2009 and helped to overcome its severe effects. It was the increased and focused activity of local enterprises (industrial, engineering and construction companies) in foreign markets that largely compensated for the failures of domestic consumer demand, supported the level of production and ensured acceptable profitability of business activities. In general, Spanish companies, despite periodic crises, have benefited greatly from the process of globalization, have been able to adapt themselves to the international trade and economic order that prevailed at the beginning of the 21st century and have obtained profits from the existing rules of the game. Therefore, the factors of destabilization of the world economy and deglobalization were an unpleasant surprise for Spanish transnational corporations. First of all, we have in mind the turbulent processes in international markets, the UK’s exit from the European Union, the protectionist foreign economic course of the Trump administration, and, of course, the negative consequences of the coronavirus pandemic.P. P. YakovlevАссоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”)articlespaineconomic modernizationtransnational businessconstruction corporationsmilitary-industrial complexcoronacrisis effectsInternational relationsJZ2-6530ENRUКонтуры глобальных трансформаций: политика, экономика, право, Vol 13, Iss 6, Pp 138-160 (2020)
institution	DOAJ
collection	DOAJ
language	EN RU
topic	spain economic modernization transnational business construction corporations military-industrial complex coronacrisis effects International relations JZ2-6530
spellingShingle	spain economic modernization transnational business construction corporations military-industrial complex coronacrisis effects International relations JZ2-6530 P. P. Yakovlev Spanish Transnational Business: Economics and Geopolitics
description	The article shows that the one of key factors of the socio-economic development of Spain in the post-Franco period was the true corporate revolution - the folding of a large group of companies whose production activities have crossed national borders and become international. The process of internationalization of Spanish business covered various sectors of the economy, including the military-industrial complex, and had an impact on the geopolitical situation of the Spanish state, it’s foreign policy. In addition, according to the author, the strengthening of the position of transnational business largely ensured Spain’s exit from the crisis of 2008-2009 and helped to overcome its severe effects. It was the increased and focused activity of local enterprises (industrial, engineering and construction companies) in foreign markets that largely compensated for the failures of domestic consumer demand, supported the level of production and ensured acceptable profitability of business activities. In general, Spanish companies, despite periodic crises, have benefited greatly from the process of globalization, have been able to adapt themselves to the international trade and economic order that prevailed at the beginning of the 21st century and have obtained profits from the existing rules of the game. Therefore, the factors of destabilization of the world economy and deglobalization were an unpleasant surprise for Spanish transnational corporations. First of all, we have in mind the turbulent processes in international markets, the UK’s exit from the European Union, the protectionist foreign economic course of the Trump administration, and, of course, the negative consequences of the coronavirus pandemic.
format	article
author	P. P. Yakovlev
author_facet	P. P. Yakovlev
author_sort	P. P. Yakovlev
title	Spanish Transnational Business: Economics and Geopolitics
title_short	Spanish Transnational Business: Economics and Geopolitics
title_full	Spanish Transnational Business: Economics and Geopolitics
title_fullStr	Spanish Transnational Business: Economics and Geopolitics
title_full_unstemmed	Spanish Transnational Business: Economics and Geopolitics
title_sort	spanish transnational business: economics and geopolitics
publisher	Ассоциация независимых экспертов «Центр изучения кризисного общества» (in English: Association for independent experts “Center for Crisis Society Studies”)
publishDate	2020
url	https://doaj.org/article/5a90a4ec95214835b3175e71c96129ae
work_keys_str_mv	AT ppyakovlev spanishtransnationalbusinesseconomicsandgeopolitics
_version_	1718443352764973056

Spanish Transnational Business: Economics and Geopolitics

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