DEVELOPMENT PROSPECTS AFTER QUARANTINE RESTRICTIONS THROUGH COVID-19 ON TRANSNATIONAL CORPORATIONS

Abstract

Today, in the context of economic globalization and industrialization, business is growing extremely fast and new businesses are emerging every day. Due to the rapid growth of the number of multinational corporations on the world stage, there is a need to analyze their competitiveness and justify the impact of quarantine restrictions on their work, both for leading and lagging companies, which determines the relevance of work. Globalization is a process that has been going on in our world since ancient times. From the very beginning of civilization, people traded goods and services among themselves, through exchange. The presence of all countries in interdependent relations, both economic and political, has become a prerequisite for creating circumstances that have a positive or negative impact on the world. Especially if the country is highly developed, its impact will be greater, for example, the economic crisis that began in 2008 in the United States, then spread beyond the country, covering countries on all continents and slowing the world economy. Conversely, the country's favorable economic situation is an incentive for its development in all parts of the world. The world is now in a similar situation with COVID-19.