Transformations of global prosperity : how foreign investment, multinationals, and value chains are remaking modern economy

書誌事項

Transformations of global prosperity : how foreign investment, multinationals, and value chains are remaking modern economy

Caf Dowlah

Palgrave Macmillan, c2018

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

This book presents an in-depth understanding of the transformation of modern economy in the twenty-first century by examining the interface and interplay of three key forces of contemporary global economy-Foreign Direct Investment (FDI), Multinational Enterprises (MNEs), and Global Value Chains (GVCs)-and how the emerging nexus of these forces has already ushered in revolutionary transformation in global production, investment, trade, and employment in recent decades. A distinctive feature of the book is that it situates the contemporary GVC revolution-that envisages fragmentation and dispersion of production processes across the world based on competitive costs and quality-as a natural progression of the traditional FDIs-MNEs nexus, which emphasized internationalization of production and trade in search of profits, resources, markets, or cheap labour. Moreover, the book provides a comprehensive analysis, from historical, theoretical and empirical perspectives, of both traditional FDIs-MNEs Nexus that dominated the world economy until the end of the twentieth century, and of the New Nexus of FDIs-MNEs-GVCs, that has opened grand opportunities for global prosperity by providing short-cut paths to industrialization and economic growth for less developed countries. As an exemplar, the book examines GVCs in automobiles-a medium-tech manufacturing activity with numerous backward and forward linkages-to demonstrate how the FDI-MNE-GVC interface in this sector has wedged industrialization, employment, and trade in six emerging countries/regions-Brazil, Central and Eastern Europe, China, India, Mexico and Thailand.

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詳細情報

  • NII書誌ID(NCID)
    BB26393453
  • ISBN
    • 9783319711041
  • LCCN
    2017961830
  • 出版国コード
    sz
  • タイトル言語コード
    eng
  • 本文言語コード
    eng
  • 出版地
    Cham
  • ページ数/冊数
    xxv, 408 p.
  • 大きさ
    22 cm
  • 分類
  • 件名
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