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This collection of essays shows the high degree of complementarity between foreign direct investment and home export, challenging the long held fear that firms investing abroad leads to a loss of employment and decline in the home country.
This collection of essays investigates the complex relationship between multinational corporations, foreign direct investment, and their subsequent effects on domestic employment, trade balances, and technological advancement. Edited by Jean Louis Mucchielli and Robert E. Lipsey, the volume synthesizes empirical research to challenge the prevailing economic anxiety that offshoring operations inevitably results in the erosion of the home country's labor market. The authors utilize a framework of complementarity to argue that international expansion often serves as a catalyst for domestic growth rather than a substitute for it.
What You Will Find
Experts recognize this volume as a significant contribution to the debate on globalization and corporate strategy. Readers frequently note the academic density of the prose and the reliance on rigorous economic data to support the authors' counter-intuitive findings.
Page Count:
0
Publication Date:
2001-01-01
Publisher:
Taylor & Francis Group
ISBN-10:
0203166701
ISBN-13:
9780203166703
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