LEADER 04241nam 22006015 450 001 9910299641103321 005 20251116195611.0 010 $a9783319711058 010 $a3319711059 024 7 $a10.1007/978-3-319-71105-8 035 $a(CKB)4100000003359221 035 $a(MiAaPQ)EBC5356040 035 $a(DE-He213)978-3-319-71105-8 035 $a(Perlego)3494121 035 $a(EXLCZ)994100000003359221 100 $a20180419d2018 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aTransformations of Global Prosperity $eHow Foreign Investment, Multinationals, and Value Chains are Remaking Modern Economy /$fby Caf Dowlah 205 $a1st ed. 2018. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2018. 215 $a1 online resource (xxv, 408 pages) $cillustrations 311 08$a9783319711041 311 08$a3319711040 327 $a1. Introduction -- .2 Traditional Nexus of Foreign Direct Investment and Multinational Enterprises -- 3.Theoretical Undercurrents of Traditional FDI-MNE Nexus.- 4. Empirical Findings on Traditional FDI-MNE Nexus.- 5.The New Nexus of Foreign Direct Investment, Multinational Enterprises, and Global Value Chains.- 6. Global Value Chains in Automobile Industry.- 7. Case Studies on Automobile GVCs.- 8.The New Nexus of FDIs-MNEs-GVCs and Emerging Trends in Employment and Specialization.- 9.The New Nexus and the Challenges and Opportunities for Developing Countries. 330 $aThis book presents an in-depth understanding of the transformation of modern economy in the twenty-first century by examining the interface and interplay of three key forces of contemporary global economy-Foreign Direct Investment (FDI), Multinational Enterprises (MNEs), and Global Value Chains (GVCs)-and how the emerging nexus of these forces has already ushered in revolutionary transformation in global production, investment, trade, and employment in recent decades. A distinctive feature of the book is that it situates the contemporary GVC revolution-that envisages fragmentation and dispersion of production processes across the world based on competitive costs and quality-as a natural progression of the traditional FDIs-MNEs nexus, which emphasized internationalization of production and trade in search of profits, resources, markets, or cheap labour. Moreover, the book provides a comprehensive analysis, from historical, theoretical and empirical perspectives, of both traditional FDIs-MNEs Nexus that dominated the world economy until the end of the twentieth century, and of the New Nexus of FDIs-MNEs-GVCs, that has opened grand opportunities for global prosperity by providing short-cut paths to industrialization and economic growth for less developed countries.           As an exemplar, the book examines GVCs in automobiles-a medium-tech manufacturing activity with numerous backward and forward linkages-to demonstrate how the FDI-MNE-GVC interface in this sector has wedged industrialization, employment, and trade in six emerging countries/regions-Brazil, Central and Eastern Europe, China, India, Mexico and Thailand. 606 $aInternational economic relations 606 $aDevelopment economics 606 $aInternational business enterprises 606 $aEconomic development 606 $aInternational Economics 606 $aDevelopment Economics 606 $aInternational Business 606 $aEconomic Growth 606 $aInternational Political Economy' 615 0$aInternational economic relations. 615 0$aDevelopment economics. 615 0$aInternational business enterprises. 615 0$aEconomic development. 615 14$aInternational Economics. 615 24$aDevelopment Economics. 615 24$aInternational Business. 615 24$aEconomic Growth. 615 24$aInternational Political Economy'. 676 $a337 700 $aDowlah$b C. A. F.$4aut$4http://id.loc.gov/vocabulary/relators/aut$0892261 906 $aBOOK 912 $a9910299641103321 996 $aTransformations of Global Prosperity$92528666 997 $aUNINA