 Hymer, the Nation-State and the Determinants of Multinational Corporations' ActivitiesContributions to Political Economy, 2002, vol. 21, issue 1, 43-54 Abstract: The paper starts with a brief analysis of Hymer's early work on the determinants of foreign direct investment (FDI) and of his later work dealing with their effects on the nation-states, their governments, labour and the international division of labour. The paper then goes on to argue that the existence of nation-states with their specific regulatory regimes gives companies special advantages particularly with regard to labour and national governments. These can be turned into competitive advantages towards rivals. The advantages of transnationality, deriving from operating in different regulatory regimes, are considered as one of the contributory elements to the explanation of international production and its geographical configuration. This approach is seen as building a bridge between the issues raised in the later works by Hymer (his Marxist phase) in relation to nation-states and labour, and his earlier dissertation work on explanations of FDI. Policy implications are drawn in the last section. Copyright 2002, Oxford University Press. Date: 2002 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:oup:copoec:v:21:y:2002:i:1:p:43-54 Ordering information: This journal article can be ordered from Access Statistics for this article Contributions to Political Economy is currently edited by Jacqui Lagrue More articles in Contributions to Political Economy from Cambridge Political Economy Society Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.