E-Book Overview
A number of multinational corporations (MNCs) from developing economies are becoming key players in the global economy. The world's second-largest forgings-maker comes from India; the biggest Nordic insurer was bought by a South African competitor; a Mexican company reinvented the global cement business; and Brazilian restaurant chains sponsor immigration visas for highly-skilled meat carvers to support their American expansions. Understanding these trends and their implications is a priority for academics, policy-makers and business professionals alike. Do these developments vindicate the view that globalization opens up unprecedented opportunities for the South to catch up with the North? Are these "emerging MNCs" any different from their competitors from industrial countries? Does private sector direct engagement herald a new era for South-South cooperation? As this book shows, emerging MNCs must be analyzed in the context of the global political economy.
E-Book Content
Multinational Companies from Emerging Economies Composition, Conceptualization and Direction in the Global Economy Andrea Goldstein International Political Economy Series General Editor: Timothy M. Shaw, Professor of Human Security & Peacebuilding, School of Peace & Conflict Management, Royal Roads University, Victoria, BC, Canada Titles include: Leslie Elliott Armijo (editor) FINANCIAL GLOBALIZATION AND DEMOCRACY IN EMERGING MARKETS Robert Boardman THE POLITICAL ECONOMY OF NATURE Environmental Debates and the Social Sciences Jörn Brömmelhörster and Wolf-Christian Paes (editors) THE MILITARY AS AN ECONOMIC ACTOR Soldiers in Business Gordon Crawford FOREIGN AID AND POLITICAL REFORM A Comparative Analysis of Democracy Assistance and Political Conditionality Matt Davies INTERNATIONAL POLITICAL ECONOMY AND MASS COMMUNICATION IN CHILE National Intellectuals and Transnational Hegemony Martin Doornbos INSTITUTIONALIZING DEVELOPMENT POLICIES AND RESOURCE STRATEGIES IN EASTERN AFRICA AND INDIA Developing Winners and Losers Fred P. Gale THE TROPICAL TIMBER TRADE REGIME Meric S. Gertler and David A. Wolfe INNOVATION AND SOCIAL LEARNING Institutional Adaptation in an Era of Technological Change Anne Marie Goetz and Rob Jenkins REINVENTING ACCOUNTABILITY Making Democracy Work for the Poor Andrea Goldstein MULTINATIONAL COMPANIES FROM EMERGING ECONOMIES Composition, Conceptualization and Direction in the Global Economy Mary Ann Haley FREEDOM AND FINANCE Democratization and Institutional Investors in Developing Countries Keith M. Henderson and O. P. Dwivedi (editors) BUREAUCRACY AND THE ALTERNATIVES IN WORLD PERSPECTIVES Jomo K.S. and Shyamala Nagaraj (editors) GLOBALIZATION VERSUS DEVELOPMENT Angela W. Little LABOURING TO LEARN Towards a Political Economy of Plantations, People and Education in Sri Lanka John Loxley (editor) INTERDEPENDENCE, DISEQUILIBRIUM AND GROWTH Reflections on the Political Economy of North–South Relations at the Turn of the Century Don D. Marshall CARIBBEAN POLITICAL ECONOMY AT THE CROSSROADS NAFTA and Regional Developmentalism Susan M. McMillan FOREIGN DIRECT INVESTMENT IN THREE REGIONS OF THE SOUTH AT THE END OF THE TWENTIETH CENTURY S.Javed Maswood THE SOUTH IN INTERNATIONAL ECONOMIC REGIMES Whose Globalization? ]ohn Minns THE POLITICS OF DEVELOPMENTALISM The Midas States of Mexico, South Korea and Taiwan Lars Rudebeck, Olle Törnquist and Virgilio Rojas (editors) DEMOCRATIZATION IN THE THIRD WORLD Concrete Cases in Comparative and Theoretical Perspective Benu Schneider (editor) THE ROAD TO INTERNATIONAL FINANCIAL STABILITY Are Key Financial Standards the Answer? Howard Stein (editor) ASIAN INDUSTRIALIZATION AND AFRICA Studies in Policy Alternatives to Structural Adjustment International Political Economy Series Series Standing Order ISBN 0–333–71708–2 hardcover Series Standing Order ISBN 0–333–71110–6 paperback (ou