Author: John H. DunningPublisher: Taylor & Francis
ISBN: 9780415173551
Category : Business & Economics
Languages : en
Pages : 455
Book Description
The world economy is undergoing significant changes as multinational enterprises play an increasingly important role in the generation of economic wealth. This book examines the dynamic relationship between foreign direct investment, governments and economic development. It seeks to demonstrate the nature of their interaction through a set of 11 studies at various stages of development and attempts to describe the catalytic role governments and multinationals play in determining the evolution, restructuring and upgrading of the competitive and comparative advantages of countries. Studies of countries such as the UK, USA, Sweden, Japan, New Zealand, Mexico, Spain, Taiwan, India, Indonesia and China attempt to illustrate the belief that multinationals' activities and government policy are interdependent. In addition, this work seeks to demonstrate the increasing globalization of production and the crucial role of technology in enhancing the competitive advantages of both firms and countries at all stages of economic development.