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Multinationals and European Integration - Trade, Investment and Regional Development (Hardcover)
Loot Price: R5,485
Discovery Miles 54 850
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Multinationals and European Integration - Trade, Investment and Regional Development (Hardcover)
Series: Regions and Cities
Expected to ship within 12 - 17 working days
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This book examines the role of the multinational firms in processes
of European integration. It is primarily concerned with the
implications of market integration and industrial restructuring for
peripheral European regions. Nicholas Phelps argues that, because
of the complex relationship between competition and economies of
scale, the persistence of market segmentation, and because of the
embeddedness of multinational investment in established production
locations, there is considerable inertia in the existing trade and
investment patterns of multinationals in the EU. This argument is
explored empirically in relation to multinationals operating in
Wales. This study suggests that processes of restructuring
accompanying market integration are slow to take effect and based
on a diversity of motives.
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