This comprehensive study of the rise of multinational corporations from emerging economies explores the basis of their success. The need to compete internationally characterizes the current phase of globalization, and drives firms to invest abroad at an early stage of their history. Andrea...

Decentralisation has been advocated by donors and development agencies as an important factor broadening citizen participation and improving local governance, thereby promoting poverty reduction from the bottom up. On the basis of a comprehensive review of 19 country case studies documented in...

Large Western corporations have long invested overseas to penetrate markets, seek resources, and increase efficiency. After the explosion of inward FDI to the South in the 1990s, it is now the turn of the largest companies from emerging and transition economies, including the so-called BRICs, to...