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Capital beyond Borders - States and Firms in the Auto Industry, 1960-94 (Paperback, 1st ed. 1997)
Loot Price: R1,560
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Capital beyond Borders - States and Firms in the Auto Industry, 1960-94 (Paperback, 1st ed. 1997)
Series: International Political Economy Series
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This book challenges the established wisdom regarding the balance
of bargaining power between multinational corporations and host
governments. Most theories, beginning with Raymond Vernon's, claim
that the bargaining power of host states should increase over time.
This work shows the opposite is true, at least for the automobile
industry in the industrialized world. The reason for this is the
growing mobility of production, which undercuts host states'
bargaining positions. Capital mobility is thus central to both
firm-state relations and IPE generally.
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