Transnational corporations and international production : concepts, theories and effects
Author(s)
Bibliographic Information
Transnational corporations and international production : concepts, theories and effects
Edward Elgar Pub., c2019
3rd ed
- : pbk
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Note
Includes bibliographical references (p. [293]-318) and index
Description and Table of Contents
Description
Thoroughly updated and substantially extended, this internationally successful text explores transnational corporations (TNCs), their activities and effects, as well as the theories developed to explain them. Invaluable for courses as well as researchers in international business, international economics, globalization, international relations, economic geography and history of economic thought on the TNCs.
Key features of this edition:
A unique critical analysis of all the theories of TNCs in their historical context and with insightful commentaries at the end of each chapter, now extended to cover network theory and dynamic capabilities theory
Clear exposition of concepts on the evolution and the activities of TNCs
Analysis of effects of TNCs' activities on: innovation; labour; trade; balance of payments and the fiscal revenue of countries
Discussions on new topics such as the digital TNCs and global value chains
A contribution to the history of economic thought on the TNC
Summary boxes as well as suggestions for further reading within each chapter give opportunities for discussion and extended learning.
Ideal for advanced bachelors and masters courses in international business, economics, international relations, globalization and economic geography as well as the history of economic thought, Transnational Corporations and International Production is an essential text for appreciating the evolution, explanations and impact of TNCs in a globalised world.
Table of Contents
Contents: Introduction PART I EVOLUTION AND CONCEPTS 1. Evolution and and growth 2. Modalities of TNCs' operations PART II PRE-WWII APPROACHES TO INTERNATIONAL INVESTMENT Introduction to Part II 3. Marxist approaches 4. Foreign investment within the neoclassical paradigm PART III MODERN THEORIES Introduction to Part III 5. Hymer's seminal work 6. The product life cycle and international production 7. Oligopolistic reactions and the geographical pattern of FDI 8. Currency areas and internationalization 9. Internalization and the transnational corporation 10. Dunning's eclectic framework 11. Stages in the internationalization process: the Uppsala Model 12. Evolutionary theories of the TNC 13. New trade theories and the activities of TNCs 14. Transnational monopoly capitalism 15. Nation-states and TNCs' strategic behaviour 16. The transnational corporation as a network 17. Bundle of resources, dynamic capabilities and the TNC 18. Theories of the TNC and the XXI century PART IV EFFECTS Introduction to Part IV 19. Boundaries in the assessment of effects 20. Innovation and the TNCs 21. Effects on Labour 22. Effects on Trade 23. Wider effects from the balance of payments to fiscal revenues References Index
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