ABSTRACT
Transnational corporations (TNC), sometimes referred to as multinationals in everyday parlance, are firms “with the power to coordinate and control operations in more than one country, even if they do not own them”. Multilatinas arising from large or dynamic regional economies have frequently emerged with state assistance, for instance, with the support of the National Bank of Economic and Social Development/Banco Nacional de Desenvolvimento Economico e Social, for the Brazilian multilatinas. In the policy world, United Nations Conference on Trade and Development launched the first World Investment Report in what became an annual series in 1991, spotlighting a different new trend or policy issue each year in Foreign direct investment and development, as well as disseminating data and research on TNCs and their evolution. TNCs act as active agents fostering processes of globalization and neoliberalism/economic opening, especially in the Americas.
