Full Answer
What is the meaning of Economic transnationalism?
Economic Transnationalism Economic transnationalism refers to the flow of money, people, goods, technology, and human capital across national borders. Both the sending and receiving countries, as wells as the businesses involved, hope to benefit from these exchanges.
What is a transitional economy?
Transitional economies are considered to be countries which are undertaking macroeconomic reforms in an attempt to alter the ways in which their economies are managed. Traditionally it implies that the country is making a structural adjustment from a state-run economy toward a more market-led system.
What is transnationalism Key takeaways?
Key Takeaways: Transnationalism 1 Transnationalism is the movement of people, cultures, and capital across national borders. 2 Economic transnationalism is the flow of money, human capital, goods, and technology across borders. 3 Socio-cultural transnationalism is the flow of social and cultural ideas across borders. More items...
How does transnationalism affect the lives of migrants?
Finally, the educational, professional, and lifestyle opportunities, as well as the language abilities of migrants and their families are often enriched by their transnational experiences. The basic concept of transnationalism implies a weakening of the host country’s control over its borders and people.
What does transnational mean in economics?
adjective. going beyond national boundaries or interests: a transnational economy. comprising persons, sponsors, etc., of different nationalities: a transnational company. noun. a company, organization, etc., representing two or more nationalities.
What is transnationalism in simple words?
Transnationalism refers to flows and exchanges that take place across national borders. These include but are not limited to the cross-border movements and circulation of bodies, ideas, information, and things.
What's the difference between transnational and globalization?
Global processes are closely related to transnationalism yet tend to be separate from specific national boundaries. Transnational processes, on the other hand, are anchored in and transcend one or more nation-states.
Is transnational and international the same?
Transnational organization is a term used in scholarly literature. It refers to international organizations (usually, international nongovernmental organizations) that "transcend" the idea of a nation-state.
What is an example of transnational?
Transnational corporations (TNCs) or multinational corporations (MNCs) are companies that operate in more than one country. Unilever, McDonalds and Apple are all examples of TNCs. TNCs tend to have offices and headquarters located in the developed world.
What are the main features of transnationalism?
Connectedness across borders, the formality/informality of frequent cross-border activities and practices, and the high intensity and degree of cross-border exchanges are the main characteristics of a transnationalism 'from below', concerning individuals and civil society.
What is the importance of transnationalism?
Transnationalism creates a greater degree of connection between individuals, communities and societies across borders, bringing about changes in the social, cultural, economic and political landscapes of societies of origin and destination.
What is transnational theory?
Transnationalism refers to the diffusion and extension of social, political, economic processes in between and beyond the sovereign jurisdictional boundaries of nation-states. International processes are increasingly governed by non-state actors and international organizations.
What are some issues of transnationalism?
Some transnational challenges, including terrorism, criminal networks, and piracy are long-standing and familiar; but there are also a number of transnational challenges, such as water stress, human trafficking, and smuggling, that are increasingly being cited as having a direct link to U.S. national security.
What is difference between transnational and multinational?
Multinational companies operate in more than one country and have a centralized management system. Transnational companies have many companies around the world but do not have a centralized management system.
Is Coca Cola a transnational company?
The Coca-Cola beverage company is an example of a transnational corporation because it operates in over 200 countries worldwide and is headquartered in the United States.
Is McDonalds multinational or transnational?
Companies that operate in several countries are called multinational corporations (MNCs) or transnational corporations (TNCs). The US fast-food chain McDonald's is a large MNC - it has over 34,000 restaurants in 119 countries.
What is transnational in understanding globalization?
Transnational globalization is defined here as a set of actors and systems which are not shaped by specific national interests, territories, and stan dards, and which operate globally.
What is transnationalism theory?
Transnationalism refers to the diffusion and extension of social, political, economic processes in between and beyond the sovereign jurisdictional boundaries of nation-states. International processes are increasingly governed by non-state actors and international organizations.
What is the synonym of transnational?
Definitions of transnational. adjective. involving or operating in several nations or nationalities. “transnational terrorist networks” synonyms: multinational international.
What do you mean by transnational relationship?
Social processes in the world today are characterized by the growing importance of relations between actors located in different national spaces (transnational relations).
Transnationalism Definition
Economic Transnationalism
- Economic transnationalism refers to the flow of money, people, goods, technology, and human capitalacross national borders. Both the sending and receiving countries, as wells as the businesses involved, hope to benefit from these exchanges. In many cases, migrants involved send much of the money they earn back to their home country, resulting in si...
Socio-Cultural Transnationalism
- Socio-cultural, or immigrant transnationalism, refers to the various interactions during which social and cultural ideas and meanings are exchanged across national borders by foreign-born residents regularly. These interactions can range from phone calls to loved ones in the native country to immigrant entrepreneurs continuing to manage a business back home, remittance tra…
Political Transnationalism
- Activities of political transnationalism can range from immigrants remaining active in the politics of their native country, including voting, to actually running for office. A modern example is the growing number of native-born American citizens who choose to live in Mexico for family, business, or economic reasons. According to Professor of Global and Intercultural Studies at Mi…
Pros and Cons of Transnationalism
- Like its close relative globalization, transnationalism has its pros and cons. While it creates closer ties between individuals, communities, and societies across borders, its inherent changes in the social, cultural, economic, and political landscapes of both countries challenge policymakers to more carefully consider the multinational impact of their policies. The success or failure of thos…
Transnationalism and Migrants
- While the concept of transnationalism and its place and impact on the lives of migrants has been discussed and studied within sociology and anthropology for decades, it is only more recently that transnationalism’s impact specifically on the health of migrants has been assessed. Transnationalism is increasingly recognized as affecting the health and well-being of migrants b…
Transnationalism vs. Globalization
- While the terms transnationalism and globalization are closely related and often used synonymously, there are subtle differences between them. Globalization refers specifically to the removal of barriers to free trade, thus allowing for closer integration of national economies. For example, a growing number of multinational corporations operate on a global scale with offices …
Sources and Further Reference
- Lima, Alvaro. “Transnationalism: A New Mode of Immigrant Integration.” University of Massachusetts, Boston, September 17, 2010, http://www.bostonplans.org/getattachment/b5ea6e3a-e94e-451b-af08-ca9f...
- “Sending Money Home.” Inter-American Development Bank, https://publications.iadb.org/publications/english/document/Sending-Money-Home-Worldwid…
- Lima, Alvaro. “Transnationalism: A New Mode of Immigrant Integration.” University of Massachusetts, Boston, September 17, 2010, http://www.bostonplans.org/getattachment/b5ea6e3a-e94e-451b-af08-ca9f...
- “Sending Money Home.” Inter-American Development Bank, https://publications.iadb.org/publications/english/document/Sending-Money-Home-Worldwide-Remittance-Flows-to-Developing-Countries.pdf.
- Dirlik, Arif. “Asians on the Rim: Transnational Capital and Local Community in the Making of Contemporary Asian America.”Amerasia Journal, v22 n3 p1-24 1996, ISSN-0044-7471.
- Croucher, Sheila. “Privileged Mobility in an Age of Globality.” Global Studies in Culture and Power, Volume 16, 2009 - Issue 4, https://www.mdpi.com/2075-4698/2/1/1/htm.
