Multinationals and European Integration Trade, Investment and Regional Development

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Synopsis

This 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.

Book details

Series:
Regions and Cities
Author:
Nicholas A. Phelps
ISBN:
9781136036163
Related ISBNs:
9781315000190, 9781138410879, 9781138410879, 9780117023628, 9780117023628
Publisher:
Taylor and Francis
Pages:
192
Reading age:
Not specified
Includes images:
No
Date of addition:
2020-06-28
Usage restrictions:
Copyright
Copyright date:
1997
Copyright by:
N/A 
Adult content:
No
Language:
English
Categories:
Art and Architecture, Business and Finance, Nonfiction, Politics and Government