Transnational Corporations and Uneven Development: The Internationalization of Capital and the Third World (RLE International Business)

Hardcover, 2013 reprint, xiii + 229 pages, NOT ex-library. Interior is clean and bright throughout with unmarked text, free of inscriptions and stamps, firmly bound. A short crease in the upper outer corner of first leaves. Boards show short corner creases, small scuff-marks. Issued without a dust jacket. -- Contents: 1 Transnational Corporations: Significance & Growth [Introduction; Definitions and Terminology; Origins & Growth of the Transnational Corporation; Significance of the Transnational Corporation in the World Economy; Conclusion; Further Reading] 2 Theoretical Perspectives on the Transnational Corporation [Neo-Classical Views (Capital Flow Models; Product Cycle; Internalization; Policy Implications; Conclusion); Global Reach; Neo-Imperialist Views; Neo-Fundamentalist Marxists; Internationalization of Capital; Conclusion; Further Reading)] 3 Transnational Corporations, Competition & Monopoly [Debate on International Competition; Competitive Impact of TNCs in Host Countries; Theories of Competition & Monopoly; Marxist Theory of Competition and the Internationalization of Capital; International Oil Industry; Competitive Impact in LDCs; TNCs, Host Industry Structure and Profitability; Latin American Automobile Industry: International Competition & Market Fragmentation; Further Reading] 4 Transnational Corporations & Technology [Technology in Economic Theory (Development of Technology; Commercialization of Technology); Appropriate Technology (Debate; Critique; Internationalization of Capital); Appropriate Products?; Cost of Technology; Foreign Technology and Local Technological Development; Technology in the International Pharmaceutical Industry (Technological Development; Technology Transfer; Cost of Technology; Local Research & Development); Further Reading] 5 Capital Flows, Accumulation and the Balance of Payments [Capital Flows; Local Accumulation (Extractive Industries; Import Substituting Industries; Manufactured Exports); Balance of Payments; Transfer Pricing (Scope for Transfer Price Manipulation; Levels of Transfer Pricing; Causes of Transfer Price Manipulation; Transfer Pricing & the Third Word); Conclusion; Further Reading] 6 Transnational Corporations and Labour [Implications of TNCs for Third World Labour; TNCs and Worldwide Sourcing; Strategies for Labour (National Efforts to Reduce TNC Power; International Efforts to Reduce TNC Power; National Efforts to Increase Labour's Power; International Efforts to Increase Labour's Power); Further Reading] 7 Transnational Corporations and Local Capital in the Third World [Economic Groups; Relations Between TNCs & Local Capital; Comparisons of TNCs and Local Firms (Choice of Technique; Research and Development; Export Performance; Imports; Advertising and Marketing Strategies; Profit Remittances; Conclusion); Third World TNCs (Characteristics; A Critique of the Conventional Wisdom; Internationalization of Capital; Implications for the Future); Further Reading] 8 Transnational Corporations & the State [TNCs and the Power of Nation-States; Political Economy of State - TNC Relationships; Internationalization of Capital and the Nation-State; International Controls on TNCs; National Legislation; Bargaining; Nationalization; US TNCs and Chilean Copper; Further Reading] 9 Conclusion: Future Prospects; Glossary; Bibliography; Index -- Is the transnational corporation (TNC) an engine of growth capable of eliminating international economic inequalities or a major obstacle to development through a massive drain of surplus to advanced countries? This book presents 5 different perspectives on the role of TNCs: Neo-Classical, Global Reach, Neo-Imperialist, Neo-Fundamentalist, Internationalization of capital. The author looks at their effect on local labour and capital, and considers the future prospects for TNC involvement in the Third World. The book provides an excellent comparative analysis of TNCs and will appeal to students in development studies and international economics. …