What Is the Relationship Between Economy and Globalization? - 전진이 (Jeon Jin E)
1) Summary Peter Dicken does not see economic globalization simply as "the expansion of markets across borders." His key argument is that the central actor of economic globalization is not an abstract 'market', but transnational corporations (TNCs). In other words, the global economy is not automatically integrated, but a result specifically created through companies' strategic choices and networks. Dicken criticizes the commonly imagined image of a 'stateless global company that transcends countries'. In fact, most TNCs are still deeply **embedded** in certain countries and regions, and production, research, and marketing functions are geographically and unevenly distributed. Economic globalization is not a process of creating a homogeneous global space, but rather a method of utilizing differences and imbalances between regions. In addition, economic globalization is not a single global production system, but a transnational production network intertwin...