This volume investigates the role and evolution of large conglomerates and economic groups within developing and transition economies amidst the pressures of global market integration. The editors, Barbara Hogenboom and Alex E. Fernandez Jilberto, assemble a multidisciplinary team of experts to examine how these powerful corporate entities navigate the shifts caused by privatization and financial liberalization. By utilizing a comparative framework, the text argues that these groups are not merely passive recipients of global trends but active agents that shape the economic trajectories of their respective nations.

Experts recognize this volume as a significant contribution to the study of political economy and corporate development in the Global South. Readers frequently note the academic density of the prose and the utility of the comparative case studies for understanding complex market transitions.