Multinationals and European Integration
Trade, Investment and Regional Development
By (author) Nicholas F. Phelps
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Multinationals and European Integration by Nicholas F. Phelps
Book DescriptionThis book examines the role of the multinational firms in processes of European integration. It is primarily concerned with the implications of market integration and industrial restructuring for peripheral European regions. Nicholas Phelps argues that, because of the complex relationship between competition and economies of scale, the persistence of market segmentation, and because of the embeddedness of multinational investment in established production locations, there is considerable inertia in the existing trade and investment patterns of multinationals in the EU. This argument is explored empirically in relation to multinationals operating in Wales. This study suggests that processes of restructuring accompanying market integration are slow to take effect and based on a diversity of motives.
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Book DetailsISBN: 9780117023628
(234mm x 156mm x 10mm)
Publisher: Taylor & Francis Ltd
Publish Date: 2-May-1997
Country of Publication: United Kingdom
Books By Author Nicholas F. Phelps
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New urban developments such as office blocks, warehouses and retail complexes are increasingly commonin outer city regionsacrossthe world. This book examines the processes of post-suburbanization in international perspective, exploring how developments across the world might be considered post-suburban.
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