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The world's multinational enterprises face a spell of rough weather, political economist Ray Vernon argues, not only from the host countries in which they have established their subsidiaries, but also from their home countries. Such enterprises--a few thousand in number, including Microsoft, Toyota, IBM, Siemens, Samsung, and others--now generate about half of the world's industrial output and half of the world's foreign trade; so any change in the relatively benign climate in which they have operated over the past decade will create serious tensions in international economic relations. The warnings of such a change are already here. In the United States, interests such as labor are increasi...
Monograph presenting a critical analysis of the situation and image of multinational enterprises - investigates their economic and political behaviour, both in developed countries and developing countries together with the respective national level goals, and considers enterprise strategies in the light of technology and stabilization (entropy). Bibliography pp. 219 to 251, graphs and statistical tables.
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The five country studies, five industry studies and two more general papers are well integrated to make this one of the best books we have on industrial policy and the different patterns of government-business relations developing in Western Europe.
This work bridges the gap between strategies of businesses and the actions of governments in international environments. It uses economic concepts to help explain the international environment to students and executives. As well as presenting a coherent view of the history and evolution of international business the authors discuss the economic ideas that managers commonly encounter and provide an analysis of international agreements that affect multinational business, including GATT, the European Union, and NAFTA. Eight new full length Harvard cases are also included.
This book offers an outlook on relations in the 21st century between national governments and multinational companies.
Despite its widely acknowledged contribution to global prosperity over the past half century, the movement toward further liberalization has increasingly been challenged. This collection of essays examine several key issues at the heart of the debate over the multilateral trading system.
Vernon, the acknowledged authority in international economics, analyzes the past, present and dangerous future of American trade politics and policymaking. He recommends giving up on comprehensive global agreements, and urges narrow agreements between a small number of countries.
From these four cases she builds a picture of cooperation that departs significantly from the conventional portrayal and that has wide ramifications for our understanding of cooperation among states as well as among firms.