Why Are Emerging Market Multinationals Different? Challenges of a New Version of State Capitalism

Andreas Nölke ()
Additional contact information
Andreas Nölke: Goethe University

A chapter in Emerging Market Multinationals and Europe, 2019, pp 37-48 from Springer

Abstract: Abstract This chapter is based on the assumption that a major feature of emerging market multinationals appears to be their close relationship with their home country states. To be sure, many Western multinational corporations (MNCs) cultivate close relationships with their home states as well (as, for instance, recently witnessed in the case of the rescue operations for the financial sector), but this chapter investigates the special quality of the relationship between the state and major corporations originating from countries outside of the recent center of the world economy, as well as exploring how this special quality affects the cross-border activities of these corporations. In order to address this task, it opts for an integration of approaches traditionally kept separate because of the conventional disciplinary separation between international business and political economy. This integration demonstrates that the expansion of emerging market multinationals heralds a new wave of state capitalism.

Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-31291-6_3

Ordering information: This item can be ordered from
http://www.springer.com/9783030312916

DOI: 10.1007/978-3-030-31291-6_3

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().