Parental supervision : the new paradigm for foreign direct investment and development / Theodore H. Moran.

Format:

Book

Author/Creator:

Moran, Theodore H., 1943-

Language:

English

Subjects (All):

Subsidiary corporations--Developing countries--Management.

Subsidiary corporations.

Corporations, Foreign--Developing countries--Management.

Corporations, Foreign.

International business enterprises--Developing countries--Management.

International business enterprises.

Investments, Foreign--Developing countries.

Investments, Foreign.

International business enterprises--Social aspects.

Management.

Developing countries.

International business enterprises--Social aspects--Developing countries.

Developing countries--Economic conditions.

Economic conditions.

Economic development.

Vernon, Raymond, 1913-1999.

Vernon, Raymond.

Physical Description:

xiii, 80 pages ; 23 cm

Place of Publication:

Washington, DC : Institute for International Economics, [2001]

Contents:

1 The Product Cycle Model of Foreign Direct Investment, Multinational Corporate Strategy, and Parent Control 3

2 Operations That Fit into the Product Cycle Model of Control and Supervision 7

Characteristics of the Affiliates Themselves 7

Backward Linkages 15

Spillovers and Externalities 24

3 Operations That Do Not Fit into the Product Cycle Model of Control and Supervision: Investments with Domestic-Content, Joint-Venture, and Technology-Sharing Mandates Imposed by the Host 31

Characteristics of the Affiliates Themselves 32

Backward Linkages 38

Externalities 40

4 Implications for Measuring the Impact of Foreign Direct Investment on Development 41

The Dangers of Mismeasuring the Impact of Foreign Direct Investment 41

Appraising the Impact of Foreign Direct Investment on Host Countries Within the Context of Endogenous Growth Theory 44

Estimating the Impact of Rationalization and "Derationalization" of Production by Multinational Firms Across Borders 49

Assessing the Spread of Backward Linkages from Foreign Affiliates to Local Suppliers 53

Evaluating Spillovers and Externalities from Foreign Investors to the Host Economy 55

5 Policy Implications for Host Authorities 61

Implications for Host Country Policies Toward Foreign Direct Investment 61

Implications for Host Country Policies Toward Trade-and-Investment Negotiations 63

Table 4.1 Alternative estimates of the impact of investment liberalization 58

Table 5.1 Schematic comparison of foreign affiliates closely integrated into the parent's global sourcing network with foreign affiliates that are not 62.

Notes:

Includes bibliographical references (pages 67-73) and index.

ISBN:

0881323136

OCLC:

46952215