International Production

International Production : Trends, Theories, Effects

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One of the most significant developments in the world economy since World War II has been the growth of activities of multinational companies. The spread and scale of such activities give rise to profound economic, social and political changes on a global scale, as well as to considerable unease in relation to their effects and to the overall power of multinational companies. This book examines the major trends of internationalization, including changes in patterns of foreign direct investment and international trade, the growth of export processing zones, international sub-contracting and joint ventures. After providing a complete analysis of the main theories of international production, the author goes on to consider its effects on, among other things, trade, labour, de-industrialization and technology. She also includes a discussion of methodological issues, as well as an empirical assessment of multinational domination of major developed more

Product details

  • Paperback | 226 pages
  • 152 x 229mm | 393g
  • Polity Press
  • Oxford, United Kingdom
  • New edition
  • New edition
  • tables, bibliography, index
  • 0745614132
  • 9780745614137

Table of contents

Part I: Agents and Trends. 1. The Internationalization Process. 2. Trends in Internationalization. Part II: Theories. Introduction to Part II. Section I: Marxist Approaches. 3. Classical Writers on Imperialism. 4. The Realization Problem Back in Fashion. 5. Some Recent Marxist Approaches. Conclusions on Section I. Section II: The Neo-classical Paradigm. 6. Foreign Investment within the Neo-classical Paradigm. Section III: Prevalent Theories. 7. Foreign Direct Investment and Market Imperfections. 8. The Product Life Cycle and Foreign Direct Investment. 9. Currency Areas and Foreign Direct Investment. 10. Horizontal, Vertical Integration, Diversification and the MNE. 11. Internalization as Explanation for International Production. 12. Dunning's Eclectic Approach. Section IV: Strategic Approaches. Introduction to Section IV. 13. Oligopolistic Reactions as Explanation for Foreign Direct Investment. 14. Transnational Corporations and Strategies Towards Labour. 15. Transnational Monopoly Capitalism. Conclusion on Part II. Part III: Effects. 16. Methodological Issues. 17. Effects. 18. Multinational Domination of National Economies Conclusions on Part III. Summing more