The third edition of Multinational Enterprise and Economic Analysis surveys the contributions that economic analysis has made to our understanding of why multinational enterprises exist and what consequences they have for the workings of the national and international economies. It shows how economic analysis can explain multinationals' activity patterns and how economics can shed conceptual light on problems of business policies and managerial decisions arising in practice. It addresses the welfare problems arising from multinationals' activities and the logic of governments' preferences and choices in their dealings with multinationals. Suitable for researchers, graduates and upper-level undergraduates. The third edition of this highly accessible book incorporates the many additions to our knowledge of multinationals accumulated in research appearing in the past decade.
• Written by the dean of American business economists, co-author of a leading text on international economics • Third edition stresses new concepts of 'modal choice' (how multinationals organize their business), locational analysis, government openness to business • Can be used by MBAs students in business economics courses as well as undergraduates
1. The multinational enterprise as an economic organization; 2. The MNE and models of international economic activity; 3. Organization and growth of the MNE; 4. Patterns of market competition; 5. Income distribution and labor relations; 6. Investment behavior and financial flows; 7. Technology and productivity; 8. Taxation, MNEs' behavior, and economic welfare; 9. Multinationals in developing countries and economies in transition; 10. Public policy.