Multinational Corporations and Foreign Direct Investment Avoiding Simplicity, Embracing Complexity

ISBN-10: 0195179366

ISBN-13: 9780195179361

Edition: 2006

Authors: Stephen D. Cohen

List price: $59.00
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Foreign direct investment (FDI) and multinational corporations (MNCs)--for better and worse--play a large and growing role in shaping our world. The integrating thesis of this book is the inevitability of heterogeneity in FDI and MNCs and, accordingly, the imperative of disaggregation. Large companies doing business on a global basis increasingly dominate the production and marketing of the world's goods and services. The importance of these companies continues to grow while the debate about their nature and effects remains mired in a long-standing stalemate couched in strong black and white terms. Stephen D. Cohen seeks to reconcile this impasse by analyzing multinational corporations and foreign direct investment in an eclectic, nuanced manner. The core thesis is that an accurate understanding of the nature and impact of these phenomena comes from acknowledging the dominance of heterogeneity, perceptions, and ambiguity and the paucity of universal truths. This approach should contribute significantly to both a better academic understanding and a more productive policy debate of an increasingly important element of the world economy.
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Book details

List price: $59.00
Copyright year: 2006
Publisher: Oxford University Press, Incorporated
Publication date: 2/3/2007
Binding: Paperback
Pages: 384
Size: 6.00" wide x 9.00" long x 0.75" tall
Weight: 1.232
Language: English

A Better Approach to Understanding Foreign Direct Investment and Multinational Corporations
Defining the Subject: Subtleties and Ambiguities
From Obscurity to International Economic Powerhouse: The Evolution of Multinational Corporations
Heterogeneity: The Many Kinds of Foreign Direct Investment and Multinational Corporations and Their Disparate Effects
Perceptions and Economic Ideologies
The Strategy of Multinationals
Why Companies Invest Overseas
Where Multinational Corporations Invest and Don't Invest and Why
Impact on the International Order
Effects of Foreign Direct Investment on Less Developed Countries: Vagaries, Variables, Negatives, and Positives
Why and How Multinational Corporations Have Altered International Trade
Multinational Corporations versus the Nation-State: Has Sovereignty Been Outsourced?
The International Regulation of Multinational Corporations: Why There Is No Multilateral Foreign Direct Investment Regime
The Case for Foreign Direct Investment and Multinational Corporations
The Case against Foreign Direct Investment and Multinational Corporations
An Agnostic Conclusion: "It Depends"
An Agenda for Future Action
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