Multinational Corporations and Foreign Direct Investment Avoiding Simplicity, Embracing Complexity
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Description: 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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All the information you need in one place! Each Study Brief is a summary of one specific subject; facts, figures, and explanations to help you learn faster.
List price: $59.00
Copyright year: 2006
Publisher: Oxford University Press, Incorporated
Publication date: 2/3/2007
Size: 6.00" wide x 9.00" long x 0.75" tall
|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|