[IEAS Working Paper No. 11-A002]
(March, 2011)

 

Abstract
The phenomenon of fast-growing business activities of multinational corporations around the world has generated much interest in understanding its implications for the development of world economy as well as the relationship among national economies. By analyzing the world top 2000 firms published by the Forbes (the Forbes Global 2000), this article first investigates the contents and structural evolution of these giant multinational firms, and their relationship with national FDI. Then we adopt the method of clustering analysis to investigate the FDI and trade networks within and among regions through which the development of regional economic integration are revealed. 

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