Stressing the complexity, diversity and heterogeneity of FDI-related issues, this book carries a simple, but most appropriate message: Qualify and disaggregate, don't generalize! Those in the pro and con camps get another chance to check their priors. Those between the frontlines will find sufficient reason to remain where they are. And newcomers in the field will benefit from the balanced account of what we (don't) know about FDI to decide where in the vast middle
ground to position themselves. * Peter Nunnenkamp, The Kiel Institute for the World Economy * Stephen D. Cohen's Multinational Corporations and Foreign Direct Investment accomplishes exactly what it aims to do-avoid simplicity, and embrace complexity. Carefully nuanced chapters take both beginners and advanced practitioners through the spectrum of controversial issues about the most powerful international companies in the world. * Theodore H. Moran, Marcus Wallenberg Professor of International Business and Finance, Georgetown University * Stephen Cohen has produced a very comprehensive, balanced and fair view of the Multinational Corporation and FDI. He presents an intelligent, non-judgmental and honest summary of both sides of some very complex arguments and assumes that readers are intelligent enough to draw their own conclusions. He approaches questions about the MNC and FDI from the vantage points of both theory and practice and is always careful to ground his arguments directly in the appropriate
political-economic context. This is a valuable addition to the literature on the multinational firm. * Stephen J. Kobrin, The Wharton School, University of Pennsylvania * Professor Cohen has written a masterly and exceptionally well balanced review of recent scholarly thinking on the role of multinational corporations in our contemporary global economy. I particularly liked his eschewing of any easy generalizations about their merits and demerits; and his recognition that these are likely to vary according to the motives for and types of MNC activity, and to the policies pursued by both national governments and supranational agencies.
Altogether this is an eminently readable, yet intellectually satisfying volume. I warmly commend it both to students and teachers of international political economy and international business, and to all those interested in the economic and social challenges of globalization, and one of its chief
architects viz. the MNC. * John H.Dunning, University of Reading (UK) and Rutgers University *show more