Governments, Globalization, and International Business

Paperback | May 1, 1999

EditorJohn H. Dunning

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It is a cliche to say that we live in a globalized world in which investment flows, communications and the operations of multinationals from all parts of the world have changed the character of the international business environment. But the easy concept of globalization poses as manyquestions as it answers and it is the purpose of this book to address these challenges. In Governments, Globalization, and International Business a prestigious group of international scholars explore in detail the consequences of globalization defined as the deepening structural interdependence of the world economy. In Part 1 John Dunning, Richard Lipsey, Susan Strange and StephenKobrin analyse these changes from different disciplinary perspectives and intellectual backgrounds. The basic question they address is what are the consequences of globalization on the nature, form, and level of domestic economic activity?. In doing so, they also consider the increasing mobility ofknowledge and information, the role of international corporations, and the sovereignty of the nation state in the modern borderless world. In Part 2 the different experiences and policies of a number of economies are assessed in a series of country studies, These include the G7 countries as well as the developing East Asian economies, Latin America and smaller developed countries. In the final part John Stopford and Edward Graham stand back and look at the changing role of National and Supranational governance. In doing so they underscore a fundamental tenet of the volume, that globalization requires national governments to re-evaluate various factors of their systemicgovernance. Yet despite apparently convergent trends they argue there are no universal prescriptions for the way governments should respond to globalization, and the policy challenge is a more complex one than merely more or less government.

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It is a cliche to say that we live in a globalized world in which investment flows, communications and the operations of multinationals from all parts of the world have changed the character of the international business environment. But the easy concept of globalization poses as manyquestions as it answers and it is the purpose of thi...

John H. Dunning is at University of Reading.

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Format:PaperbackPublished:May 1, 1999Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0198296053

ISBN - 13:9780198296058

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Table of Contents

John H. Dunning: IntroductionPart I: The Analytical Framework1. John H. Dunning: Governments and the Macro-Organization of Economic Activity: An Historical and Spatial Perspective2. Richard G. Lipsey: Globalization and National Government Policies: An Economist's View3. John H. Dunning: A Business Analytic Approach to Governments and Globalization4. Susan Strange: An International Political Economy Perspective5. Stephen J. Kobrin: The Architecture of Globalization: State Sovereignty in a Networked Global EconomyPart II: Country Case Studies6. Alan M. Rugman: Canada: Globalization, Competitiveness, and Government Policy in a Regional Market7. Hal Hill and Bruce McKern: Australia in the Global Economy8. Neil Hood and Stephen Young: The United Kingdom9. Rosie Marie Ham and David C. Mowery: The US Policy Response to Globalization: Looking for the Keys Under the Lamp Post10. Charles-Albert Michalet: A Volte Face of Policy: the Case of France11. Martin K. Welge and Dirk Holtbrugge: Germany12. Magnus Blomstrom and Ari Kokko: Foreign Direct Investment and Politics: the Swedish Model13. Teutomo Ozawa: Japan: A Flying-Geese Formation as Competitiveness Strategy and the Japanese Disease14. Sanjaya Lall: The Developing East Asian Economics15. Claudio Frischtak: Latin American EconomicsPart III: Implications for National and Supranational Governance16. John M. Stopford: Implications for National Governments17. Edward M. Graham: Should There be Multilateral Rules on Foreign Direct Investment?