Capital Beyond Borders

This book challenges the established wisdom regarding the balance of bargaining power between multinational corporations and host governments. Most theories, beginning with Raymond Vernon's, claim that the bargaining power of host states should increase over time. This work shows the opposite is true, at least for the automobile industry in the industrialized world. The reason for this is the growing mobility of production, which undercuts host states' bargaining positions. Capital mobility is thus central to both firm-state relations and IPE generally.

Inhalt
List of Maps - List of Tables - Preface - Acronyms - Introduction - States and Firms in Political Theory and International Relations Theory - Capital Mobility and its Growth since World War II - Structure and Mobility of the Automobile Industry, 1960-94 - Automotive Bargaining in the UK, the US and Canada - Conclusion - Bibliography