Capital beyond Borders : States and Firms in the Auto Industry, 1960–94
1st ed. 1997
Book Details
Format
Paperback / Softback
Book Series
International Political Economy Series
ISBN-10
1349254746
ISBN-13
9781349254743
Edition
1st ed. 1997
Publisher
Palgrave Macmillan
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 1st, 1997
Print length
191 Pages
Ksh 8,100.00
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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 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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