LEADER 04608nam 22005895 450 001 9910299641103321 005 20200702005833.0 010 $a3-319-71105-9 024 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(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$b[electronic resource] $eHow Foreign Investment, Multinationals, and Value Chains are Remaking Modern Economy /$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 $a3-319-71104-0 327 $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 economics 606 $aDevelopment economics 606 $aInternational business enterprises 606 $aEconomic growth 606 $aPolitical economy 606 $aInternational Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W33000 606 $aDevelopment Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W42000 606 $aInternational Business$3https://scigraph.springernature.com/ontologies/product-market-codes/525000 606 $aEconomic Growth$3https://scigraph.springernature.com/ontologies/product-market-codes/W44000 606 $aInternational Political Economy$3https://scigraph.springernature.com/ontologies/product-market-codes/912140 615 0$aInternational economics. 615 0$aDevelopment economics. 615 0$aInternational business enterprises. 615 0$aEconomic growth. 615 0$aPolitical economy. 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 Caf$4aut$4http://id.loc.gov/vocabulary/relators/aut$0892261 906 $aBOOK 912 $a9910299641103321 996 $aTransformations of Global Prosperity$92528666 997 $aUNINA