IMPLICATIONS FOR THE ECONOMIC SECURITY OF NATIONAL ECONOMIES ARISING FROM THE EXPANSION OF INTERNATIONAL ENTERPRISES

Abstract

Purpose: Due to their economic and financial potential, international enterprises influence other entities of foreign and international economic policy, in particular international organizations and the national economy of host countries. The article presents this influence from the point of view of the problem of economic security and independence of national economies. Hence, its main goal is to try to define the effects of activities of international enterprises from this perspective. The article focuses in particular on the aspects of the influence of foreign capital, including FDI, on the economic security of national economies. Hypothesis: The increasing dynamics of the inflow of foreign capital may lead to a decline in the country's economic security. Methodology: The methodology of professional literature analysis, the monographic-descriptive method and the analysis of statistical data from UNCTAD databases, IGCC and GUS were used. The study period is 2010-2021. Findings: The conducted literature research allows us to state that in the modern world, economic security is not only related to socio-economic progress and development opportunities of individual countries, but also to security threats resulting from the influence of the international environment, including the functioning of transnational corporations, which have a significant economic force. On the other hand, taking into account empirical research and the assessment of the situation from the perspective of economic security, it can be indicated that there is a relatively weak degree of dependence of the Polish national economy on foreign capital (despite the increase in the inflow dynamics) in the form of foreign direct investment. However, this conclusion cannot be made taking into account the global perspective and the dynamically changing geopolitical and economic situation. Implications for theory and practice: The increasing activity of transnational corporations in international markets is the source of extensive contemporary scientific discussion. Problems are also caused by the precise definition of the relationship between the corporation and other participants in international relations, as well as the diagnosis of the manifestations of their impact on the international environment, including the global political sphere and the politics of the host country, as well as its national economy. Originality and value: The article attempts to assess the impact of the expansion of international eneterprises on the economic security and independence of the national economy of the host country.