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Globalization, Corporate Strategies and Business Services

In: The Globalization of Multinational Enterprise Activity and Economic Development

Author

Listed:
  • Neil Hood

    (University of Strathclyde)

  • Ewen Peters

    (Scottish Enterprise)

Abstract

While it is possible to debate the scale, pace and degree to which globalization is occurring in the world economy, there is little doubt that a transformation is underway in both countries and companies. It is being driven by three mutually reinforcing factors, namely the growing scale, mobility and integration of the world’ s capital markets; the diminishing significance of national boundaries as deregulation accelerates and as barriers to trade are reduced; and by the ability to use technology to exploit knowledge on a worldwide basis. These factors impact equally upon goods and services, although the latter is the concern of this chapter.

Suggested Citation

  • Neil Hood & Ewen Peters, 2000. "Globalization, Corporate Strategies and Business Services," Palgrave Macmillan Books, in: Neil Hood & Stephen Young (ed.), The Globalization of Multinational Enterprise Activity and Economic Development, chapter 4, pages 80-105, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59916-1_4
    DOI: 10.1057/9780230599161_4
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    Cited by:

    1. Hefeker, Carsten & Wunner, Norbert, 2002. "The producer interest in foreign labor standards," European Journal of Political Economy, Elsevier, vol. 18(3), pages 429-447, September.

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