Multinationals and regional economies: embedding the regime shoppers?
Phil Almond,
Maria Gonzalez Menendez,
Patrick Gunnigle,
Jonathan Lavelle,
David Luque Balbona,
Sinead Monaghan and
Gregor Murray
Additional contact information
Phil Almond: De Montfort University, UK
Maria Gonzalez Menendez: University of Oviedo, Spain
Patrick Gunnigle: University of Limerick, Ireland
Jonathan Lavelle: University of Limerick, Ireland
David Luque Balbona: University of Oviedo, Spain
Sinead Monaghan: University of Limerick, Ireland
Gregor Murray: University of Montreal, Canada
Transfer: European Review of Labour and Research, 2014, vol. 20, issue 2, 237-253
Abstract:
In a context in which multinational corporations are increasingly able to choose their locations of production, this article examines how social and political governance actors in host regional economies attempt to attract and retain foreign direct investment. Based on a comparative study of two regions in each of Canada, Ireland, Spain and the UK, it shows both national and in some cases sub-national variations in the nature of attempts to attract and retain foreign investment, as well as in the actors involved. The article also discusses how these differences in policy interact with the characteristics of specific foreign investors. Our findings support arguments that attempts to embed regime-shopping firms are facilitated by active governance from social as well as state actors.
Keywords: Multinational corporations; regional policy; foreign direct investment; employment (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:sae:treure:v:20:y:2014:i:2:p:237-253
DOI: 10.1177/1024258914526101
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