Transnational Corporations and International Production

Thoroughly updated and substantially extended, this internationally successful text explores transnational corporations (TNCs), their activities and effects, as well as the theories developed to explain them. Key features of this edition: • A unique critical analysis of all the theories of TNCs in their historical development with insightful and original commentaries on each of them, now extended to cover network theory and dynamic capabilities theory • Clear exposition of concepts on the evolution and the activities of TNCs • Analysis of effects of TNCs’ activities on: innovation; labour; trade; balance of payments and the fiscal revenue of countries • A unique contribution to the history of economic thought on the TNC • Summary boxes as well as suggestions for further reading within each chapter give opportunities for discussion and extended learning. Ideal for advanced bachelors, masters and doctorates courses in international business, economics, international relations, globalization and economic geography as well as the history of economic thought, Transnational Corporations and International Production is an essential text for appreciating the evolution, explanations and impact of TNCs in a globalized world.