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Globalization, Multinational Enterprises and Economic Development

In: The Globalization of Multinational Enterprise Activity and Economic Development

Author

Listed:
  • Neil Hood

    (University of Strathclyde)

  • Stephen Young

    (University of Strathclyde)

Abstract

This volume has emerged from the long-standing interests of the editors in the interface between corporate strategies of international companies and the economic policies of governments as applied to the attraction and development of foreign direct investment (FDI). In recent years some excellent volumes have emerged dealing with many of the different effects of globalization upon the behaviour of governments (Dunning, 1997); upon the dynamics of the firm (Chandler et al, 1998); upon technology and competitiveness strategies (Casson, 1991); and upon institutional and regional development (Amin and Thrift, 1994). While several of these collections touch on aspects of this volume, the approach here more specifically addresses the globalization of multinational enterprise activity and economic development. The process of globalization has drawn attention to the growing significance of the coordinating and transaction functions of the firm. At the same time it has raised new questions about the role of national and subnational governments as to how (or if) they are able to influence the spatial organization of economic activity in directions consistent with their economic development objectives.

Suggested Citation

  • Neil Hood & Stephen Young, 2000. "Globalization, Multinational Enterprises and Economic Development," Palgrave Macmillan Books, in: Neil Hood & Stephen Young (ed.), The Globalization of Multinational Enterprise Activity and Economic Development, chapter 1, pages 3-20, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59916-1_1
    DOI: 10.1057/9780230599161_1
    as

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