This book investigates the profound impact of multinational corporations on the global economic landscape during a period of significant restructuring. Michael W. Taylor, drawing on extensive research and analysis, examines how these global entities have reshaped international trade, investment patterns, and labor markets. The work presents a framework for understanding the complex interplay between corporate strategy and macroeconomic shifts, arguing that multinationals are central agents in the ongoing transformation of the world economy.

This work is recognized for its detailed examination of the economic forces driving global change in the late 20th century. Scholars and policymakers have engaged with Taylor's analysis of multinational corporations as key actors in economic restructuring. The book is often cited for its comprehensive scope and its contribution to understanding the complex dynamics of international business and global economic policy.