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Bargaining Power and Foreign Direct Investment in China: Can 1.3 Billion Consumers Tame the Multinationals?

In: Labor and the Globalization of Production

Author

Listed:
  • Elissa Braunstein
  • Gerald Epstein

Abstract

Foreign direct investment (FDI) is commonly seen by economists and policy makers as a premier agent, not only of globalization, but also of economic growth and development. In fact, in light of the Asian and South American financial crises, in which portfolio flows proved to be flighty and unreliable, FDI is now treated more than ever as the capital flow of choice. FDI has thus become one of the most sought-after commodities in the global economy, the object of enormous investments of time and resources by policy makers who want to attract it, and the subject of an enormous amount of research and debate concerning its nature and impact.

Suggested Citation

  • Elissa Braunstein & Gerald Epstein, 2004. "Bargaining Power and Foreign Direct Investment in China: Can 1.3 Billion Consumers Tame the Multinationals?," Palgrave Macmillan Books, in: William Milberg (ed.), Labor and the Globalization of Production, chapter 9, pages 209-248, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-52396-8_9
    DOI: 10.1057/9780230523968_9
    as

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