Аннотация
A number of multinational corporations (MNCs) from developing economies are becoming key players in the global economy. The world's second-largest forgings-maker comes from India; the biggest Nordic insurer was bought by a South African competitor; a Mexican company reinvented the global cement business; and Brazilian restaurant chains sponsor immigration visas for highly-skilled meat carvers to support their American expansions. Understanding these trends and their implications is a priority for academics, policy-makers and business professionals alike. Do these developments vindicate the view that globalization opens up unprecedented opportunities for the South to catch up with the North? Are these "e;emerging MNCs"e; any different from their competitors from industrial countries? Does private sector direct engagement herald a new era for South-South cooperation? As this book shows, emerging MNCs must be analyzed in the context of the global political economy.
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