Call Boomerang Books 1300 36 33 32

Description - In the Hurricane's Eye by Raymond Vernon

The world's multinational enterprises face a spell of rough weather, political economist Ray Vernon argues, not only from the host countries in which they have established their subsidiaries, but also from their home countries. Such enterprises - a few thousand in number, including Microsoft, Toyota, IBM, Siemens, Samsung, and others - now generate about half of the world's foreign trade. So any change in the relatively benign climate in which they have operated during the 1990s will create serious tensions in international economic relations. The warnings of such a change are already here. In the United States, interests such as labour are increasingly hostile to what they see as the costs and uncertainties of an open economy. In Europe, those that want to preserve the social safety net and those who feel that the net must be dismantled are increasingly at odds. In Japan, the talk of "hollowing out" takes on a new urgency as the country's "lifetime employment" practices are threatened, and as public and private institutions are subjected to unaccustomed stress. The tendency of multinationals in different countries to find common standards has been viewed as a loss of national sovereignty and a weakening of the nation-state system, producing hostile reactions in home countries. The challenge for policy makers, Raymond Vernon argues in this text, is to bridge the quite different regimes of the multinational enterprise and the nation-state. Both have a major role to play, and yet must make basic changes in their practices and policies to accomodate each other.

Buy In the Hurricane's Eye by Raymond Vernon from Australia's Online Independent Bookstore, Boomerang Books.

Book Details

ISBN: 9780674004245
ISBN-10: 0674004248
Format: Paperback
(229mm x 152mm x mm)
Pages: 272
Imprint: Harvard University Press
Publisher: Harvard University Press
Publish Date: 19-Sep-2000
Country of Publication: United States

Book Reviews - In the Hurricane's Eye by Raymond Vernon

» Have you read this book? We'd like to know what you think about it - write a review about In the Hurricane's Eye book by Raymond Vernon and you'll earn 50c in Boomerang Bucks loyalty dollars (you must be a Boomerang Books Account Holder - it's free to sign up and there are great benefits!)

Write Review


Author Biography - Raymond Vernon

Raymond Vernon was Professor of International Affairs, Emeritus, Harvard University.

Books By Raymond Vernon

OIL CRISIS PA by Raymond Vernon
Paperback, April 1976
$38.16