Enabling global economic conglomerates

Facilitating operation of transnational corporations

Description

Enabling global economic conglomerates involves facilitating the formation, expansion, and integration of large, multi-sector corporations across international markets. This strategy aims to harness economies of scale, streamline cross-border operations, and mobilize capital for large-scale investments. By fostering regulatory harmonization, supporting mergers and acquisitions, and improving access to global supply chains, it addresses barriers to growth, enhances competitiveness, and remedies inefficiencies in fragmented markets, ultimately driving economic development and innovation on a global scale.

Context

The annual revenue of Motorola (1999) is almost equal to the annual income of Nigeria, Africa's second largest economy, almost the size of Europe and with a population of 118 million people.