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Multinationals and European Integration - Trade, Investment and Regional Development (Paperback, Revised)
Loot Price: R1,234
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Multinationals and European Integration - Trade, Investment and Regional Development (Paperback, Revised)
Series: Regions and Cities
Expected to ship within 12 - 17 working days
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Total price: R1,254
Discovery Miles: 12 540
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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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