This book examines the relationship between multinational firms and emerging markets, a relationship which has changed profoundly in the period from the 1950's to the late 1990's. Governments and multinational firms have moved from a situation of conflict to one where government policies were seen as a constraint on the activities of MNE's, and finally to an era of cooperation. This relationship has been reflected in (and driven by) academic writing on the subject, of which this book is a selection of the best examples. The readings in part one show how the critical conflictual elements of the relationship were emphasized in the period 1950 to 1975. Latterly, writing has emphasized cooperation, even harmony, and writers have pointed out that free trade based on cooperative advantage can bring benefits for all. The most profound change in the world economy in the early post-war period was the emergence of successive waves of Asian 'newly industrializing countries' (NIC's) as key players, bringing new competition to Western nations and fostering the notion of a 'loss of competitiveness' in the developed countries, as well as changing the nature of FDI in the developing countries. These issues are covered in part two. As outward oriented policies replaced protectionist ones, emerging country multinationals became salient: the analysis of their strategies is the subject of part three. Part four examines how the policies of host governments towards inward investment have been shaped by the increasing interdependence of global economic activity. Asian emerging countries went beyond NIC status to become full global competitors, and the post-communist nations began to enter the world economy as new NICs. The danger facing many economies was that of being left on the fringes as globalisation drew countries together, either through expanded world trade and FDI or through the creation of trading blocs (EU, NAFTA, ASEAN-AFTA). The wholly new issues which have inevitably been thrown up by these changes are examined in the final part of this collection.

The Global Challenge for Multinational Enterprises: Managing Increasing Interdependence (International Business and Management, 5)

Business & Money

Ghauri, P.N.

Buckley, P. J.

P. J. Buckley, Buckley

International

Emerald Publishing Limited

The Sources and Nature of the Statistics of the United Kingdom, produced under the auspices of the Royal Statistical Society and edited by Maurice Kendall, filled a notable gap on the library shelves when it made its appearance in the early post-war years. Through a series of critical reviews by many of the foremost national experts, it constituted a valuable contemporary guide to statisticians working in many fields as well as a bench-mark to which historians of the development of Statistics in this country are likely to return again and again. The Social Science Research Council (now the Economic and Social Research Council) and the Society were both delighted when Professor Maunder came forward with the proposal that a revised version should be produced, indicating as well his willingness to take on the onerous task of editor (a task in which he was assisted from 1985 by Professor Fleming). The two bodies were more than happy to act as co-sponsors of the project and to help in its planning through a joint steering committee. The result, we are confident, will be judged a worthy successor to the previous volumes by the very much larger 'statistics public' that has come into being in the intervening years. DAVID STAFFORD Secretary Economic and Social Research Council B. W. SILVERMAN Honorary Secretary Royal Statistical Society vii MEMBERSHIP OF JOINT STEERING COMMITTEE (December 1987) Chairman: Miss S. V. Cunliffe Representing the Royal Statistical Society: Mr M. C. Fessey Dr S.

International Aspects of UK Economic Activities (Reviews of United Kingdom Statistical Sources)

Pearce, R.D.

Economics

Springer

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