Capital beyond Borders
Capital beyond Borders
Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9781349254729
Condition
New
Product Description
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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