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First published in 1986, this work reports the results of the Leverhulme project on multinationals and intermediate product trade based at the University of Reading during the academic year 1982/3. Chapter 1 summaries the main results of this project. Part I focuses upon the theoretical component of world trade, dealing with both the theories of division of labour and vertical integration. Part II presents a number of specially-commissioned case studies relating to the project, concerning the motor industry, the bearing industry, the synthetic fibre industry, the tin industry, the copper industry, the banana industry and the shipping industry.
John Dunning’s general theory of international production, first propounded in the late 1970’s, has generated considerable debate. This work thoughtfully reassesses the paradigm, and extends the analysis to embrace issues of theoretical and empirical importance. In a collection of essays, the changing characteristics of international production are examined, and an interdisciplinary approach suggested for understanding the multinational enterprise in the world economy. This book, first published in 1988, will be of value not only to economists and international business analysts, but to scholars in other fields, notably organizational, marketing and management specialists.
First published in 1986, this work reports the results of the Leverhulme project on mulitnationals and intermediate product trade based at the University of Reading during the academic year 1982/3. Chapter 1 summarises the main results of this project. Part I focusses upon the theoretical component of world trade, dealing with both the theories of division of labour and vertical integration. Part II presents a number of specially-commissioned case studies relating to the project, concerning the motor industry, the bearing industry, the synthetic fibre industry, the tin industry, the copper industry, the banana industry and the shipping industry.
Inflation is the economic plague of the modern world, completely undermining conventional theory and policies for its containment, and setting governments, management and labour on a dangerous collision course. Its alarming spread is only paralleled by the expansion of multinational corporations, some of them more economically powerful than nation states. This book, first published in 1971, provided a totally new perspective on these phenomena, linking them in a common theory based on a thorough analysis of the modern role of capital financing in the global economy. It demonstrates the impact of technology on self-financing growth and explains why inflation can never ben stemmed by attacks on wage costs when the source lies in the need of managements to maximise cash flows. Alternative economic policies are discussed, including proposals for creating assets for workers in the self-financing investment. Charles Levinson draws together the strands of his subject in a way which is comprehensive and rigorous, yet easily accessible to the more general reader. The conclusions reached in Capital Inflation and the Multinationals are still of great interest and relevance to professional economists and students, political practitioners and commentators.
Identifies key themes in international business, looking ahead to the remaining years of the 1990s. Focuses on the changing role of the multinational enterprise in a world in which markets and production are becoming steadily more globalized.
The rural landscape of the Third World is generally seen as one worked by the impoverished. Chris Dixon shows that this is an increasingly inaccurate picture. Wealth does exist, with the landed often maintaining lifestyles comparable to their richest urban neighbours. And while land remains the basis of real wealth, the rural workforce is diversifying its activities away from agriculture becoming involved in a range of manufacturing, processing, trading and service industries. Yet still rural poverty persists, and the book illustrates just how difficult it is to assess the success of development initiatives adopted to eliminate it. This book, first published in 1990, provides a general introduction to the approaches, policies, and problems associated with Third World rural development. Rural Development in the Third World is relevant to students of geography, the environment and developmental issues.
As Secretary General of the ICF and previously Assistant General Secretary of the IMF, Charles Levinson played an important part in developing the countervailing labour response to the multinational corporations. His earlier work, Capital, Inflation and the Multinationals (Routledge Revivals, 2013) displayed the force of his insight into the dynamics of modern economics and technology. First published in 1972, this book considers the opportunities which allow unions to command an increasing share in decisions that shape the worker’s destiny. Chapters include discussions on the multinational corporations, industrial democracy and the ideas behind collective bargaining.
In recent years economic activity has become increasingly globalized. One of the main instruments behind this process is the multinational enterprise. In The Globalization of Business, first published in 1993, John Dunning explores the latest issues in the world of international business and looks ahead at the remaining years of this century identifying the likely challenges of the future. What are the challenges posed by the technological, political and economic developments of the 1990s for international business? What are the implications of the opening up of new territories such as in Central and Eastern Europe and parts of China? To what extent are the competitive advantages of nation states increasingly coming to depend on the presence of multinational activity? What are the implications of the globalization of markets and production for the domestic economic policies of governments? This collection of essays will be vital reading to students of international business.
The oil industry is the world’s largest commercial enterprise. Its extent is global; international issues are consistently influenced by considerations of oil production and consumption, while the international communications networks of the larger oil companies rival those of many nations. In this, the eighth edition of Oil and World Power, published in 1986, Peter Odell explains the complexities of this gigantic empire and its influence on the world. The far-reaching chapters discuss the U.S.A, the Soviet Union, O.P.E.C., Japan and the oil-consuming countries of the developing world. Evaluating the changing patterns of oil supply and the dramatic fall in oil prices in 1986, Odell proposes a number of forward-thinking conclusions surrounding the relationship between oil in global politics and economic development. This is an exceptionally interesting and relevant work, of great value to those with an interest in the oil industry, global power and international economic development.
The problems of a troubled world economy and the essentially political issues of how it should be managed make up the stuff of international political economy. The overwhelming importance of these questions has drawn ever increasing numbers of students and teachers in universities, colleges and schools to study the subject. There are many paths into international political economy for them to follow and this volume, originally published in 1984, discusses most of them. The collection as a whole demonstrates that the field should be seen as the exclusive preserve of neither the economists nor the political scientists. On the contrary, there is much to learn from specialists - and practical people in government and business - with a variety of backgrounds. A rich selection is therefore offered, including history, population studies, money, trade, technology and law, from which the reader can pick and choose at will. The contributions point to the landmarks of the subject and provide useful tips on the best books to read and the most interesting ideas to look out for.