Shifting Trend of Multinational Corporations : Old Versus New

Multinational Corporation (MNC) is not a new topic in International Political Economy either in International Relations study. As it had been operating all over the world as much as having appeared in many papers and research. However, there is a shifting trend, at least since a decade ago regarding the rise of MNC from Emerging Countries. Surprisingly, the North –South relations which had been well establish faced re-formulated to become South-South even South –North relations. The firms from developing economies are coming into global markets and changing the shape of trade competition, investment and regulation. By the presence of MNC from emerging countries the economic architecture as a whole and International trade as a part of it fundamentally changed