Multinational Firms and International Relocation addresses the impact of inward foreign direct investment on the host country and the extent to which it displaces jobs at home.
Multinational firms in the United States, Japan and the European Union are focused on by a distinguished group of international business scholars who include Giovanni Balcet, Pierre-Andre Buigues, Wong Yu Ching, John H. Dunning, Edward M. Graham, F. Harianto, Thomas Hatzichronglou, Alexis Jacquemin, Terutomo Ozawa, E. Safarian, Philippe Saucier, Yoko Sazanami and Hideki Yamawaki. Issues addressed include European industrial relocations in low wage countries, US direct investments abroad, the strategies of Japanese multinationals, the impact of foreign investment on the domestic manufacturing industry of OECD countries, and multinationals and technology diffusion in South East Asia.
International business scholars, business strategists and policy makers will welcome Multinational Firms and International Relocation for the combination of insights and analysis it offers on the strategies of multinational firms, the impacts of their relocation policies and the evolution of the delocalization debate.
Edited by Peter J. Buckley, OBE, Professor of International Business and Director of the Centre for International Business, University of Leeds (CIBUL), UK and Jean-Louis Mucchielli, Professor of Economics, University of Paris I Pantheon-Sorbonne, Professor Affiliate, ESCP-EAP and Director, TEAM Pole Economie Mondiale, CNRS, University of Paris I, France
Contents: 1. Introduction 2. European Industrial Relocations in Low Wage Countries: Policy and Theory Debates 3. Multinational Firm Strategies and the Impact of their Location Decisions 4. Low Wage Countries and Trade with the European Union 5. International Relocation Strategies of Italian Firms 6. US Direct Investment Abroad and US Exports in the Manufacturing Sector: Some Empirical Results Based on Cross Sectional Analysis 7. Strategies of Japanese Multinationals: Changes in the Locational Importance of Asia, EC and North America 8. The Impact of Foreign Investment on Domestic Manufacturing Industry of OECD Countries 9. `Managed' Growth, Relocation, and Restructuring: The Evolution of Japan's Auto Industry into a Dominant Multinational Player 10. MNEs and Technology Diffusion: A Southeast Asian Experience 11. Exit of Japanese Multinationals in US and European Manufacturing Industries 12. Some Concluding Remarks Index