Placing the evolution of alliance capitalism in the context of the globalizing economy, John Dunning explores the consequences of alliance capitalism for the economic jurisdiction of firms, markets and nation states, its impact on the structural organization of firms and the domestic policies of national governments. Other key issues explored include global restructuring and alliance capitalism; trade and integration; re-evaluation of Foreign Direct Investment; competitiveness and cooperation; and spatial dimensions of globalization. The volume also compares US and Japanese Foreign Direct Investment in Europe and theorizes future developments in global business.

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