THE TRAJECTORY OF GLOBALIZATION AND THE SUSTAINABLE SURVIVAL OF TRANSNATIONAL COMPANIES OF SELECTED EURO DOLLAR ECONOMIES

The researcher examines the trajectory of globalization and the sustainable survival of transnational companies of selected euro dollar economies. The objective was to examine the effect of technology and exchange rate on manufacturing output of transnational companies in Costa Rica. The ex-post facto research design was adopted for the study. Data were collected using secondary information sources such World Bank annual report and statistical bulletin and were analyzed using multiple regression analysis. Findings indicated that technology and exchange rate have significant effect on manufacturing output of euro dollar which was the measured of sustainable survival of transnational companies in Costa Rica. Thus, it was concluded that technology and exchange rate have significant effect on the manufacturing outputs of transnational companies in Costa Rica. Therefore, it was recommended Government should develop effective exchange rate architecture capable of stabilizing exchange rate behavior through vigorous monetary policy mechanism that will help to facilitate the transfusion of technology and improve manufacturing outputs of Costa Rica through enhanced production capacity