Transnational Corporations and the Global Economy. Edited by Richard Kozul-Wright and Robert Rowthorn. Basingstoke: Macmillan (for United Nations University and World Institute for Development Economics Research), 1998. Pp.448. £55. ISBN 0 333 68957 7 The New Global Economy and Developing...

We suggest that there is some interface between the investment development path (IDP) and the trade development path (TDP)-with both trade and foreign direct investment (FDI) of created asset-intensive products increasing their significance relative to gross national product (GNP) of countries....

Globalization has changed economic realities. First, the competences of multinational enterprises (MNEs) are becoming increasingly mobile and knowledge-intensive. MNEs thus give more attention to the availability and quality of the created assets of alternative locations. Second, among...

This paper first describes the changes in the geography of foreign direct investment (FDI) over the past two decades. It then goes on to offer some explanations for the changes identified. Next, it suggests that the new geography of FDI strongly reflects the sectors in which multinational...

This paper considers how economic globalization has affected opportunities and challenges for developing countries in following a multinational enterprise (MNE)-assisted development strategy, revisiting an earlier article by the authors. The growing share of industrial activity owned and/or...

This paper examines the evolution since 1969 of the industrial structure of local technological development by US-owned multinational enterprises (MNEs) in the UK, by comparison with UK-owned MNEs in the US. The data used are the patents granted in the US to the largest US-owned and UK-owned...