Multinational Firms in the World Economy

摘要: Depending on one's point of view, multinational enterprises are either the heroes or villains globalized economy. Governments compete fiercely for foreign direct investment by such companies, but complain when firms go global and move their activities elsewhere. Multinationals seen some as threats to national identities wealth accused riding roughshod over laws exploiting cheap labor. However, debate these companies is rarely grounded sound economic arguments. This book brings clarity debate. With contribution other leading experts, Giorgio Barba Navaretti Anthony Venables assess determinants multinationals' actions, investigating why activity has expanded so rapidly, countries have more than others. They analyze effects that recipients inward investments, those see moving jobs abroad. The arguments made using modern advances in analysis, a case study, drawing extensive empirical literature assesses consequences multinationals. treatment rigorous, yet accessible all readers with background economics, whether students professionals. Drawing out policy implications, authors conclude generally force promotion prosperity world