Multinational Firms and International Relocation

Edited by Peter J. Buckley, OBE, FBA, Alliance Manchester Business School, UK and Jean-Louis Mucchielli, Professor of Economics, University of Paris I Panthéon-Sorbonne, Professor Affiliate, ESCP-EAP and Director, TEAM Pôle Economie Mondiale, CNRS, University of Paris I, France

'Empirical evidence is the strength of this book with some most extraordinary and convincing arguments needed for the refinement of theory building to explain the size of the positive or negative impact of relocation both on the investor and recipient economies in terms of employment and trade balance.'

• Contents: 1. Introduction 2. European Industrial Relocations in Low Wage Countries: Policy and Theory Debates 3. Multinational Firm Strategies and the Impact of their Location Decisions 4. Low Wage Countries and Trade with the European Union 5. International Relocation Strategies of Italian Firms 6. US Direct Investment Abroad and US Exports in the Manufacturing Sector: Some Empirical Results Based on Cross Sectional Analysis 7. Strategies of Japanese Multinationals: Changes in the Locational Importance of Asia, EC and North America 8. The Impact of Foreign Investment on Domestic Manufacturing Industry of OECD Countries 9. ‘Managed’ Growth, Relocation, and Restructuring: The Evolution of Japan’s Auto Industry into a Dominant Multinational Player 10. MNEs and Technology Diffusion: A Southeast Asian Experience 11. Exit of Japanese Multinationals in US and European Manufacturing Industries 12. Some Concluding Remarks Index