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Global Corporations and National Governments
Book Data
May 1996
ISBN paper 0-88132-111-7
168 pp.
$20.00 $10.00
( 50 % discount)

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Global Corporations and National Governments


by Edward M. Graham

"Foreign investment is one of the most vital agents of economic and social progress today. If only it were nurtured by common worldwide rules, it could bring even greater benefits."

Bill Emmott
The Economist

Description

There is inherent tension between the increasingly global focus of industry and the continuing national focus of governments. Countries, particularly developing ones, compete to attract investment from global corporations, and they attach performance requirements to tilt the impact of those investments in their favor. This is because the host nations expect investment to raise growth levels, efficiency, and living standards. At the same time, the home countries of such corporations worry that their firms are not accorded fair and reciprocal treatment abroad. These issues have become a source of conflict among nations, one that could escalate considerably if an agreement is not soon reached.

Graham's study analyzes the nature and depth of the international investment problem and its potential impact on the world economy and on economic relations among nations. He urges that current rules on foreign direct investment be enlarged and restructured via new international rules and institutional arrangements and offers two alternatives for doing so.

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Contents

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Preface

Acknowledgments

1. Introduction 152.9KB

2. Recent Trends in the Globalization of Business 309.7KB

3. Why Does Business Globalize? 176.1KB

4. Toward New Rules on International Investment 203.5KB

5. Postwar Efforts at Rule Making 242.3KB

6. Negotiating and Implementation Accord 198.6KB

Appendices 140.9KB

References

Index


Other books of interest:
Competition Policies for the Global Economy
Competition Policies for the Global Economy
by Edward M. Graham and
J. David Richardson
DOUBLE SET: Foreign Direct Investment and Development
DOUBLE SET: Foreign Direct Investment and Development
by Theodore H. Moran
Foreign Direct Investment and Tax Competition
Foreign Direct Investment and Tax Competition
by John H. Mutti
Foreign Direct Investment in the United States, 3rd Edition
Foreign Direct Investment in the United States, 3rd Edition
by Edward M. Graham and
Paul R. Krugman