Transformations of Global Prosperity How Foreign Investment, Multinationals, and Value Chains are Remaking Modern Economy /

• Κύριος συγγραφέας: Dowlah, Caf (Συγγραφέας, http://id.loc.gov/vocabulary/relators/aut)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2018.
• Έκδοση: 1st ed. 2018.
• Θέματα: International economics.; Development economics.; International business enterprises.; Economic growth.; Political economy.; International Economics.; Development Economics.; International Business.; Economic Growth.; International Political Economy.

 This book presents an in-depth understanding of the transformation of modern economy in the twenty-first century by examining the interface and interplay of three key forces of contemporary global economy-Foreign Direct Investment (FDI), Multinational Enterprises (MNEs), and Global Value Chains (GVCs)-and how the emerging nexus of these forces has already ushered in revolutionary transformation in global production, investment, trade, and employment in recent decades. A distinctive feature of the book is that it situates the contemporary GVC revolution-that envisages fragmentation and dispersion of production processes across the world based on competitive costs and quality-as a natural progression of the traditional FDIs-MNEs nexus, which emphasized internationalization of production and trade in search of profits, resources, markets, or cheap labour. Moreover, the book provides a comprehensive analysis, from historical, theoretical and empirical perspectives, of both traditional FDIs-MNEs Nexus that dominated the world economy until the end of the twentieth century, and of the New Nexus of FDIs-MNEs-GVCs, that has opened grand opportunities for global prosperity by providing short-cut paths to industrialization and economic growth for less developed countries.           As an exemplar, the book examines GVCs in automobiles-a medium-tech manufacturing activity with numerous backward and forward linkages-to demonstrate how the FDI-MNE-GVC interface in this sector has wedged industrialization, employment, and trade in six emerging countries/regions-Brazil, Central and Eastern Europe, China, India, Mexico and Thailand. 

 1. Introduction -- .2 Traditional Nexus of Foreign Direct Investment and Multinational Enterprises -- 3.Theoretical Undercurrents of Traditional FDI-MNE Nexus.- 4. Empirical Findings on Traditional FDI-MNE Nexus.- 5.The New Nexus of Foreign Direct Investment, Multinational Enterprises, and Global Value Chains.- 6. Global Value Chains in Automobile Industry.- 7. Case Studies on Automobile GVCs.- 8.The New Nexus of FDIs-MNEs-GVCs and Emerging Trends in Employment and Specialization.- 9.The New Nexus and the Challenges and Opportunities for Developing Countries.