Multinational Firms in the World Economy
AbstractDepending on one's point of view, multinational enterprises are either the heroes or the villains of the globalized economy. Governments compete fiercely for foreign direct investment by such companies, but complain when firms go global and move their activities elsewhere. Multinationals are seen by some as threats to national identities and wealth and are accused of riding roughshod over national laws and of exploiting cheap labor. However, the debate on these companies and foreign direct investment is rarely grounded on sound economic arguments. This book brings clarity to the debate. With the contribution of other leading experts, Giorgio Barba Navaretti and Anthony Venables assess the determinants of multinationals' actions, investigating why their activity has expanded so rapidly, and why some countries have seen more such activity than others. They analyze their effects on countries that are recipients of inward investments, and on those countries that see multinational firms moving jobs abroad. The arguments are made using modern advances in economic analysis, a case study, and by drawing on the extensive empirical literature that assesses the determinants and consequences of activity by multinationals. The treatment is rigorous, yet accessible to all readers with a background in economics, whether students or professionals. Drawing out policy implications, the authors conclude that multinational enterprises are generally a force for the promotion of prosperity in the world economy.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoThis book is provided by Princeton University Press in its series Economics Books with number 7832 and published in 2006.
Contact details of provider:
Web page: http://press.princeton.edu
multinational enterprises; foreign investment; national identities; globalized economy; inward investments; prosperity;
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Gerrit Faber & Michiel Gerritse, 2012. "Deep determinants or interactions: explaining spatial patterns in human rights," Working Papers 12-17, Utrecht School of Economics.
- Strecker, Nora & Egger, Peter & Radulescu, Doina, 2012.
"Effective Labor Taxation and the International Location of Headquarters,"
Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century
62086, Verein für Socialpolitik / German Economic Association.
- Peter Egger & Doina Radulescu & Nora Strecker, 2013. "Effective labor taxation and the international location of headquarters," International Tax and Public Finance, Springer, vol. 20(4), pages 631-652, August.
- Peter Egger & Doina Maria Radulescu & Nora Strecker, 2012. "Effective Labor Taxation and the International Location of Headquarters," CESifo Working Paper Series 3822, CESifo Group Munich.
- Tidiane Kinda, 2012.
"Foreign ownership, sales to multinationals and firm efficiency: the case of Brazil, Morocco, Pakistan, South Africa and Vietnam,"
Applied Economics Letters,
Taylor and Francis Journals, vol. 19(6), pages 551-555, April.
- Kinda, Tidiane, 2009. "Foreign ownership, sales to multinationals, and firm efficiency: The Case of Brazil, Morocco, Pakistan, South Africa, and Vietnam," MPRA Paper 19160, University Library of Munich, Germany.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Webmaster).
If references are entirely missing, you can add them using this form.