The Rise of Transnational Corporations from Emerging Markets
27%
off

The Rise of Transnational Corporations from Emerging Markets : Threat or Opportunity?

4 (2 ratings by Goodreads)
Edited by 

Free delivery worldwide

Available. Dispatched from the UK in 2 business days
When will my order arrive?

Description

This comprehensive analysis deals with the range of issues raised by the rise of transnational corporations from emerging markets.

This insightful book shows that foreign direct investment (FDI) from emerging markets has grown from negligible amounts in the early 1980s to $210 billion in 2007, with the stock of investment now being well over $1 trillion. This reflects the rise of firms from these economies to become important players in the world FDI market. The contributors to this book comprehensively analyze the rise of emerging market TNCs, the salient features of the transnational activities of these firms, the relationship of outward FDI and the competitiveness of the firms involved, their impact on host and home countries and implications for the international law and policy system.

The subject of this study is both topical and important and poses a number of challenges that will require considerable policy attention in the future. It will appeal to academics interested in FDI as well as emerging markets. Karl P. Sauvant has gathered together a group of leading academics that makes this an informative and valuable read for anyone interested in the subject, including academics, students at all levels and private sector entities, as well as government officials dealing with outward FDI.
show more

Product details

  • Hardback | 416 pages
  • 156 x 234 x 25.4mm | 748.43g
  • Cheltenham, United Kingdom
  • English
  • Annotated
  • Annotated edition
  • 1847207669
  • 9781847207661
  • 2,896,099

Table of contents

Contents:

Foreword
Supachai Panitchpakdi

Preface
Emerson de Almeida, David M. Schizer and Yiping Zhou

PART I: OVERVIEW
1. The Rise of TNCs from Emerging Markets: The Issues
Karl P. Sauvant

2. The Rise of TNCs from Emerging Markets: The Global Context
Jeffrey D. Sachs

PART II: EXPLORING THE GROWTH AND PATTERN OF OUTWARD FDI FROM DEVELOPING COUNTRIES
3. The Rise of TNCs from Emerging Markets: Challenges Faced by Firms from India
Ravi Kant

4. The Transnationalization of Supply Chain Management: The Experience of Brazilian Industrial Companies
Paulo T.V. Resende and Alvaro Bruno Cyrino

5. Do Firms from Emerging Markets have to Invest Abroad? Outward FDI and the Competitiveness of Firms
John Cantwell and Helena Barnard

6. How Global are TNCs from Emerging Markets?
Alan Rugman

7. Explaining China's Outward FDI: An Institutional Perspective
Peter J. Buckley, Jeremy L. Clegg, Adam R. Cross, Hinrich Voss, Mark Rhodes and Ping Zheng

8. Old Wine in New Bottles: A Comparison of Emerging-Market TNCs Today and Developed-Country TNCs Thirty Years Ago
John H. Dunning, Changsu Kim and Donghyun Park

PART III: WHAT'S IN IT FOR HOST COUNTRIES?
9. Who's Afraid of Emerging-Market TNCs? Or: Are Developing Countries Missing Something in the Globalization Debate?
Andrea Goldstein

10. Corporate Governance of Emerging-Market TNCs: Why Does it Matter?
Rainer Geiger

11. Are Emerging-Market TNCs Sensitive to Corporate Responsibility Issues?
Carrie Hall

PART IV: WHAT'S IN IT FOR HOME COUNTRIES AND THE INTERNATIONAL COMMUNITY?
12. Outward FDI and the Economic Performance of Emerging Markets
Steven Globerman and Daniel M. Shapiro

13. What Policies Should Developing Country Governments Adopt Toward Outward FDI? Lessons from the Experience of Developed Countries
Theodore H. Moran

14. Will Emerging Markets Change their Attitude Toward an International Investment Regime?
Edward M. Graham

15. The Need for an Adequate International Framework for FDI
Joseph E. Stiglitz

PART V: CONCLUSION
16. The Rise of TNCs from Emerging Markets: Threat or Opportunity?
Lorraine Eden

17. Outward Foreign Direct Investment from Emerging Markets: Annotated Bibliography
Zenaida Hernandez

Index
show more

Review quote

`Having undertaken billions of FDI in many continents and nations, between Argentina and the PRC, I consider Dr Sauvant's book an eye-opener, a new page, showing us a new super highway. The OFDI volume of emerging markets today, surpassing the entire FDI volume of not even 20 years back, is a signal of success of the free market economy. It signals also the end of privileges for the Europeans. It reflects entrepreneurship at its best on the part of the fast developing nations of Asia. It shows that free access to know how and capital has permitted Asia to catch up at an unprecedented speed. Contrary to often repeated but wrong opinions, the poor of the world have benefited the most by globalization. A market place of unimaginable potential is under construction in the first half of the 21st century, accelerated by FDI. This book should find many readers, particularly among the political leaders of today and tomorrow.' -- Carl H. Hahn, Chairman Emeritus of Volkswagen AG
show more

About Karl P. Sauvant

Edited by Karl P. Sauvant, Senior Fellow, Vale Columbia Center on Sustainable International Investment (a joint center of Columbia Law School and the Earth Institute) at Columbia University, US
show more

Rating details

2 ratings
4 out of 5 stars
5 0% (0)
4 100% (2)
3 0% (0)
2 0% (0)
1 0% (0)
Book ratings by Goodreads
Goodreads is the world's largest site for readers with over 50 million reviews. We're featuring millions of their reader ratings on our book pages to help you find your new favourite book. Close X