Abstract
Exploiting the advantages of international division of labor has in recent years become a most important key to successful adjustment to the world economy. Various countries and companies have also chosen the strategy of “fleeing forward” in the years of international recession. International division of labor, or transnationalization of company relations, has accelerated, particularly within the leading firms of the industrialized capitalist countries. However, it is also occurring in some Third World countries, especially the so-called newly-industrializing countries (NICs). These countries have become the center of Third World expansion of transnational enterprises, and some of their national companies have joined the ranks of transnational enterprises.
Recommended Citation
Palankai, Tibor
(1987)
"Transnational Company Relations and Hungary,"
Florida Journal of International Law: Vol. 3:
Iss.
1, Article 8.
Available at:
https://scholarship.law.ufl.edu/fjil/vol3/iss1/8