Multinational Enterprise and Economic Analysis (Cambridge Surveys of Economic Literature)

The third edition of Multinational Enterprise and Economic Analysis surveys the contributions that economic analysis has made to our understanding of why multinational enterprises exist and what consequences they have for the workings of the national and international economies. It shows how economic analysis can explain multinationals' activity patterns and how economics can shed conceptual light on problems of business policies and managerial decisions arising in practice. It addresses the welfare problems arising from multinationals' activities and the logic of governments' preferences and choices in their dealings with multinationals. Suitable for researchers, graduates and upper-level undergraduates. The third edition of this highly accessible book incorporates the many additions to our knowledge of multinationals accumulated in research appearing in the past decade. "Multinational enterprise is an important subject for students and researchers, both practitioners of business administration and scholars of economics. This highly accessible book surveys the fruits of research from both quarters. It shows how economic analysis can explain multinationals' activity patterns and how economics can shed conceptual light on problems of business policies and managerial decisions arising in practice. It addresses the welfare problems arising from multinationals' activities and the logic of governments' preferences and choices in their dealings with multinationals. The book is readily useful to both researchers and students. This third edition incorporates knowledge about multinationals accumulated over the past decade of research."--Jacket 1. The multinational enterprise as an economic organization; 2. The MNE and models of international economic activity; 3. Organization and growth of the MNE; 4. Patterns of market competition; 5. Income distribution and labor relations; 6. Investment behavior and financial flows; 7. Technology and productivity; 8. Taxation, MNEs' behavior, and economic welfare; 9. Multinationals in developing countries and economies in transition; 10. Public policy The third edition of this highly accessible book is designed for people who want to understand how multinational firms work and what their consequences for the economy and for political choices are. It is designed to be readily useful to students of economics and business administration and to scholars (teachers and researchers) with interests in multinational enterprises. This third edition surveys the contributions that economic analysis has made to our understanding of why multinational enterprises exist and what consequences they have for the workings of the national and international economies

Incorporates the additions to our knowledge of multinationals accumulated in research in the past decade.

Richard E. Caves. Includes Bibliographical References (p. 311-373) And Indexes.