"China has emerged as one of the top recipients of foreign direct investment in the world. Meanwhile, the successful transition experience of many Central and Eastern European countries has also allowed them to attract an increasing share of global foreign direct investment. In this paper, the...

"This paper explores various strategic options available to Japanese firms faced with the increasing market pressures in the global economy. Whether Japanese firms are able to retain the competitive edge will depend on the continuing gains in their manufacturing capability, their capacity to...

Integration into the production and marketing arrangements of multinational corporations may offer many benefits to transition economies that, after a long period of isolation, have liberalized trade and investment. The fragmentation of production offers a unique opportunity for producers in...

The unprecedented globalization of the production process, dividing up the value chain, has brought the integration of trade and the disintegration of production, with deep implications for the international division of labor. Have Central European economies been able to readjust their...