The Rise of Transnational Corporations from Emerging Markets: Threat or Opportunity?
Edited by Karl P. Sauvant with Kristin Mendoza and Irmak Ince (Cheltenham: Edward Elgar, 2008).
The Rise of Transnational Corporations from Emerging Markets: Threat or Opportunity? deals with the range of issues raised by the rise of transnational corporations from emerging markets. This insightful book shows that foreign direct investment from emerging markets has grown from negligible amounts in the early 1980s to $300 billion in 2007, with the stock of investment now being well over $1 trillion. This reflects the rise of firms from these economies to become important players in the world FDI market.
The contributors to this book comprehensively analyze the rise of emerging market TNCs, the salient features of the transnational activities of these firms, the relationship of outward FDI to the competitiveness of the firms involved, their impact on host and home countries and implications for the international law and policy regime.
The subject of this study is both topical and important and poses a number of challenges that will require considerable policy attention in the future. It will appeal to academics interested in FDI as well as emerging markets.
View a chapter by Jeffrey D. Sachs, “The rise of TNCs from emerging markets: the global context” (all rights reserved).
View a chapter by Karl P. Sauvant, “The rise of TNCs from emerging markets: the issues” (all rights reserved).