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Author: Geoffrey G Jones
Publisher: Routledge
ISBN: 1134680015
Category : Business & Economics
Languages : en
Pages : 279
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Book Description
This book is a detailed account of the evolution and theory of multinational trading companies. The book features contributions from an international selection of US, European and Asian economists and business historians which demonstrate the importance of trading companies in trade and investment flows in the world economy from the nineteenth century to the present. The authors adopt evolutionary and comparative perspectives to examine diversification strategies and organizational structures. This innovative study provides a major new dimension to our knowledge of the history and theory of international business.
Author: Geoffrey G Jones
Publisher: Routledge
ISBN: 1134680015
Category : Business & Economics
Languages : en
Pages : 279
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Book Description
This book is a detailed account of the evolution and theory of multinational trading companies. The book features contributions from an international selection of US, European and Asian economists and business historians which demonstrate the importance of trading companies in trade and investment flows in the world economy from the nineteenth century to the present. The authors adopt evolutionary and comparative perspectives to examine diversification strategies and organizational structures. This innovative study provides a major new dimension to our knowledge of the history and theory of international business.
Author: Geoffrey Jones
Publisher: OUP Oxford
ISBN: 0191530468
Category : Business & Economics
Languages : en
Pages : 415
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Book Description
Merchants to Multinationals examines the evolution of multinational trading companies from the eighteenth century to the present day. During the Industrial Revolution, British merchants established overseas branches which became major trade intermediaries and subsequently engaged in foreign direct investment. Complex multinational business groups emerged controlling large investments in natural resources, processing, and services in Asia, Latin America, and Africa. While theories of the firm predict the demise over time of merchant firms, this book identifies the continued resilience of British trading companies despite the changing political and business environments of the twentieth century. Like Japanese trading companies, they 're-invented' themselves in successive generations. The competences of the trading companies resided in their information-gathering, relationship-building, human resource, and corporate governance systems. This book provides a new dimension to the literature on international business through the focus on multinational service firms and its evolutionary approach based on confidential business records.
Author: Ralph E. Gomory
Publisher: MIT Press
ISBN: 0262545802
Category : Business & Economics
Languages : en
Pages : 216
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Book Description
Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. In this book Ralph Gomory and William Baumol adapt classical trade models to the modern world economy. Trade today is dominated by manufactured goods, rapidly moving technology, and huge firms that benefit from economies of scale. This is very different from the largely agricultural world in which the classical theories originated. Gomory and Baumol show that the new and significant conflicts resulting from international trade are inherent in modern economies.Today improvement in one country's productive capabilities is often attainable only at the expense of another country's general welfare. The authors describe why and when this is so and why, in a modern free-trade environment, a country might have a vital stake in the competitive strength of its industries.
Author: Elhanan Helpman
Publisher: Harvard University Press
ISBN: 0674060784
Category : Business & Economics
Languages : en
Pages : 233
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Book Description
Global trade is of vital interest to citizens as well as policymakers, yet it is widely misunderstood. This compact exposition of the market forces underlying international commerce addresses both of these concerned groups, as well as the needs of students and scholars. Although it contains no equations, it is almost mathematical in its elegance, precision, and power of expression. Understanding Global Trade provides a thorough explanation of what shapes the international organization of production and distribution and the resulting trade flows. It reviews the evolution of knowledge in this field from Adam Smith to today as a process of theoretical modeling, accumulation of new empirical data, and then revision of analytical frameworks in response to evidence and changing circumstances. It explains the sources of comparative advantage and how they lead countries to specialize in making products which they then sell to other countries. While foreign trade contributes to the overall welfare of a nation, it also creates winners and losers, and Helpman describes mechanisms through which trade affects a country's income distribution. The book provides a clear and original account of the revolutions in trade theory of the 1980s and the most recent decade. It shows how scholars shifted the analysis of trade flows from the sectoral level to the business-firm level, to elucidate the growing roles of multinational corporations, offshoring, and outsourcing in the international division of labor. Helpman’s explanation of the latest research findings is essential for an understanding of world affairs.
Author: Sara Gorgoni
Publisher: Vernon Press
ISBN: 1622730658
Category : Business & Economics
Languages : en
Pages : 346
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Book Description
In recent decades, the international economy has witnessed fundamental changes in the way manufacturing is organised: products are no longer manufactured in their entirety in a single location. Instead, the production process is often split across a number of stages located in countries that are frequently far apart from each other. By spreading out their manufacturing and supply chain activities globally through international investment and intra-firm trade, Multinational enterprises (MNEs) play a focal role in this reorganisation of production. Our ability to understand the global economy, therefore, requires an understanding of the interdependencies between the entities involved in such fragmented production. Traditional methods and statistical approaches are insufficient to address this challenge. Instead, an approach is required that allows us to account for these interdependencies. The most promising approach so far is network analysis. ‘Networks of International Trade and Investment’ makes a case for the use of network analysis alongside existing techniques in order to investigate pressing issues in international business and economics. The authors put forward a range of well-informed studies that examine compelling topics such as the role of emerging economies in global trade and the evolution of world trade patterns. They look at how network analysis, as both an approach and a methodology, can explain international business and economics phenomena, in particular, in relation to international trade and investment. Providing a comprehensive but accessible explanation of the applications of network analysis and some of the most recent methodological advances in its field, this edited volume is an important contribution to research in international trade and investment.
Author: James R. Markusen
Publisher: MIT Press
ISBN: 9780262633079
Category : Business & Economics
Languages : en
Pages : 468
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Book Description
A comprehensive microeconomic, general equilibrium theory and empirical analysis of multinational firms.
Author:
Publisher:
ISBN: 9780191596483
Category : International business enterprises
Languages : en
Pages : 404
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Book Description
The evolution of multinational trading companies from the 18th century to the end of the 1990s is examined in this book. British merchants established branches which became major trade intermediaries and subsequently engaged in foreign investment.
Author: Lawrence J. Gitman
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 1455
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Book Description
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
Author: Nejdet Delener
Publisher: Bloomsbury Publishing USA
ISBN: 0313004366
Category : Business & Economics
Languages : en
Pages : 233
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Book Description
Cross-border investments and cooperative business ventures are driving the global economy on an unprecedented scale. Business professionals and policy makers must be aware of the potential of trading blocs as a competitive weapon given the rising importance of multinational trade. The coming years promise to be the era of the Trade Pact Wars as Canada's recently announced trade talks with Chile, Germany's push for closer trans-Atlantic ties with the United States, and ASEAN efforts to promote intraregional trade all test the fledgling World Trade Organization in its role as the watchdog of global trade. Delener examines the rationale for international trading blocs and free trade with a focus on the implications for strategic planning of firms and national industry sectors. He looks at the development and conditions of the major existing regional trading blocs and discusses issues that will impact those who do business within them. NAFTA, the European Union, South American trading blocs, and efforts in Asia and Africa are all examined in detail. Strategic planning, anti-dumping issues, and global standards are also considered. The book provides professionals, researchers, and students with a firm grasp of the issues of central importance to strategic planning in global corporations and multinational trading blocs. Those who fail to grasp the significance of multinational trading blocs will face tough times while those who plan for it will see their nations and businesses thrive and prosper.
Author: Patricia Sourdin
Publisher: Edward Elgar Publishing
ISBN: 085793743X
Category : Political Science
Languages : en
Pages : 177
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Book Description
'In the last decade trade costs have been a subject of intense study in the international trade literature. Richard Pomfret and Patricia Sourdin provide a timely and accessible summary of what we know so far. Their comprehensive review of what we have learned is paired here with important new research in the area of trade facilitation. This is important reading for policymakers interested in international trade and trade-related economic development.' Russell Hillberry, University of Melbourne, Australia 'Few topics are as important in international economics as trade costs. Surprisingly, there are few studies that explicitly address that issue in detail. This makes the book of great value to both professional economists and policy makers worldwide helping them to understand the different concepts of trade costs, their determinants and how to reduce them using trade facilitation measures. The book is very well written and a must read for any person that has an interest in trade costs!' Matthias Busse, Ruhr-University of Bochum, Germany This up-to-date and informative book provides a comprehensive treatment of the costs of trading across borders and of trade facilitation policies. While traditional tariff and non-tariff barriers to trade have been reduced, international trade continues to involve higher costs in money and time than domestic trade. These include not only transport costs, that are determined by distance and commodity characteristics, but also at-the-border and behind-the-border costs which can be reduced by appropriate policies. Research on trade costs has flourished since the turn of the century, and this book by Patricia Sourdin and Richard Pomfret, takes stock of our increased knowledge of the nature and magnitude of trade costs, analysing why they are high and how they can be reduced to increase the gains from trade. Trade Facilitation will appeal to economists and policymakers at the national level and in multinational institutions, researchers and postgraduate students interested in international trade and trade policy, as well as students in international business.
