Multinational Firms in the World Economy
eBook - PDF

Multinational Firms in the World Economy

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Multinational Firms in the World Economy

About this book

Depending on one's point of view, multinational enterprises are either the heroes or the villains of the globalized economy. Governments compete fiercely for foreign direct investment by such companies, but complain when firms go global and move their activities elsewhere. Multinationals are seen by some as threats to national identities and wealth and are accused of riding roughshod over national laws and of exploiting cheap labor. However, the debate on these companies and foreign direct investment is rarely grounded on sound economic arguments.


This book brings clarity to the debate. With the contribution of other leading experts, Giorgio Barba Navaretti and Anthony Venables assess the determinants of multinationals' actions, investigating why their activity has expanded so rapidly, and why some countries have seen more such activity than others. They analyze their effects on countries that are recipients of inward investments, and on those countries that see multinational firms moving jobs abroad. The arguments are made using modern advances in economic analysis, a case study, and by drawing on the extensive empirical literature that assesses the determinants and consequences of activity by multinationals. The treatment is rigorous, yet accessible to all readers with a background in economics, whether students or professionals. Drawing out policy implications, the authors conclude that multinational enterprises are generally a force for the promotion of prosperity in the world economy.

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Yes, you can access Multinational Firms in the World Economy by Giorgio Barba Navaretti,Anthony J. Venables in PDF and/or ePUB format, as well as other popular books in Economics & International Business. We have over one million books available in our catalogue for you to explore.

Table of contents

  1. Cover Page
  2. Half-title Page
  3. Title Page
  4. Copyright Page
  5. Contents
  6. Preface
  7. List of Contributors
  8. 1. Facts and Issues
  9. 2. The Multinational Enterprise: an Overview of Theory and Empirical Findings
  10. 3. Horizontal Foreign Direct Investment: Product Market Access
  11. 4. Vertical Foreign Direct Investment: Input Costs and Factor Prices
  12. 5. Multinationals: the Firm and the Market
  13. 6. Determinants of FDI: the Evidence
  14. 7. Host Country Effects: Conceptual Framework and the Evidence
  15. 8. FDI and the Host Economy: a Case Study of Ireland
  16. 9. Home Country Effects of Foreign Direct Investment
  17. 10. Policy Implications and Effects
  18. 11. Conclusions
  19. Appendix A Statistical Definitions and Databases on Foreign Direct Investment and the Activities of Multinationals
  20. Glossary
  21. References
  22. Index