Multinational Enterprise and Economic Analysis (Cambridge Surveys of Economic Literature)

Multinational Enterprise and Economic Analysis surveys the contributions that economic analysis has made to our understanding of why multinational enterprises exist and what consequences they have for the workings of the national and international economies. Covering both theories and tests of hypotheses, and synthesizing material from social science and applied disciplines, Professor Caves develops the logic behind public policies that affect multinational enterprises. He shows the points of harmony and conflict between national policies and sources of discrepancy between national and world welfare. The book has been completely updated to cover contributions appearing up to mid-1994 and many parts have been rewritten to reflect new ideas and lines of research appearing since the first edition. It remains the only survey volume to draw equally on analytical contributions of both economics and business administration bearing on the multinational firm.