In this authoritative selection of previously published articles by leading scholars in the field, Stephen Young provides balanced coverage of this wide-ranging and controversial topic. The articles chosen reflect the major changes which are taking place in government policies and attitudes towards foreign direct investment. Topics covered in the volumes include the theory and context of public policy; policy eras; attraction and policy competition; trade, linkages and cluster formation; an investigation of specific policy areas; and country and regional illustrations. Multinationals and Public Policy makes a valuable contribution to an understanding of the role of MNEs in economic development, particularly in host nations, to an appreciation of the part played by public policy in improving the economic contribution of foreign direct investment and also affords an appraisal of changing policy attitudes over time and between countries.

Table of Contents:
Contents: Volume I Acknowledgements Introduction Stephen Young PART I THEORY AND CONTEXT 1. Richard G. Lipsey (1997), ‘Globalization and National Government Policies: An Economist’s View’ 2. Richard E. Caves (1996), ‘Public Policy’ 3. Jean J. Boddewyn and Thomas L. Brewer (1994), ‘International-Business Political Behavior: New Theoretical Directions’ 4. Stefanie Ann Lenway and Thomas P. Murtha (1994), ‘The State as Strategist in International Business Research’ 5. Terutomo Ozawa (1992), ‘Foreign Direct Investment and Economic Development’ PART II POLICY ERAS 6. Thomas L. Brewer and Stephen Young (1998), ‘Control: Codes and the Obligations of Multinational Enterprises (Late 1960s – Early 1980s)’ 7. A.E. Safarian (1993), ‘Effectiveness of Policies’ 8. David Conklin and Donald Lecraw (1997), ‘Restrictions on Foreign Ownership during 1984–1994: Developments and Alternative Policies’ 9. Michael Mortimore (2000), ‘Corporate Strategies for FDI in the Context of Latin America’s New Economic Model’ 10. Theodore H. Moran (1998), ‘Incorporating FDI into the Development Process: From Traditional Concerns to a New Agenda for Action’ PART III ATTRACTION AND POLICY COMPETITION A Marketing, Promotion and After-Care 11. Henry Loewendahl (2001), ‘A Framework for FDI Promotion’ 12. Stephen Young and Neil Hood (1994), ‘Designing Developmental After-Care Programmes for Foreign Direct Investors in the European Union’ B Incentives, Performance Requirements and Policy Competition 13. Stephen E. Guisinger (1985), ‘A Comparative Study of Country Policies’ 14. Charles P. Oman (2000), ‘The Phenomenon, the Debate’ and ‘Conclusions’ 15. Christopher T. Taylor (2000), ‘The Impact of Host Country Government Policy on US Multinational Investment Decisions’ 16. John Cantwell and Ram Mudambi (2000), ‘The Location of MNE R&D Activity: The Role of Investment Incentives’ 17. Garry Pursell (2001), ‘The Australian Experience with Local Content Programs in the Auto Industry: Some Lessons for India and Other Developing Countries’ Name Index Volume II Acknowledgements An introduction by the editor to both volumes appears in Volume I PART I TRADE, LINKAGES AND CLUSTER FORMATION A Multinationals and Trade 1. Rudolf M. Buitelaar and Ramón Padilla Pérez (2000), ‘Maquila, Economic Reform and Corporate Strategies’ 2. Wei Ge (1999), ‘Special Economic Zones and the Opening of the Chinese Economy: Some Lessons for Economic Liberalization’ 3. Frank Barry and John Bradley (1997), ‘FDI and Trade: The Irish Host-Country Experience’ 4. Ray Barrell and Nigel Pain (1999), ‘Trade Restraints and Japanese Direct Investment Flows’ B Promoting Linkage Development 5. United Nations Conference on Trade and Development (2001), ‘Policies to Strengthen Linkages’ 6. Mike Crone (2002), ‘Local Sourcing by Multinational Enterprise Plants: Evidence from the UK Regions and the Implications for Policy’ C Multinationals and Cluster Strategies 7. Alan M. Rugman and Joseph R. D’Cruz (1993), ‘The “Double-Diamond” Model of International Competitiveness: The Canadian Experience’ 8. Anders Malmberg, Örjan Sölvell and Ivo Zander (1996), ‘Spatial Clustering, Local Accumulation of Knowledge and Firm Competitiveness’ 9. Stephen Young, Neil Hood and Ewen Peters (1994), ‘Multinational Enterprises and Regional Economic Development’ 10. Michael J. Enright (2000), ‘The Globalization of Competition and the Localization of Competitive Advantage: Policies towards Regional Clustering’ PART II DIMENSIONS OF POLICY A. Technology: Transfer, Creation and the Role of R&D 11. Ari Kokko and Magnus Blomström (1995), ‘Policies to Encourage Inflows of Technology Through Foreign Multinationals’ 12. Pedro Roffe and Taffere Tesfachew (2001), ‘The Unfinished Agenda’ 13. David C. Mowery and Joanne E. Oxley (1995), ‘Inward Technology Transfer and Competitiveness: The Role of National Innovation Systems’ 14. Nagesh Kumar (1996), ‘Intellectual Property Protection, Market Orientation and Location of Overseas R&D Activities by Multinational Enterprises’ 15. Sanjaya Lall (1992), ‘Technological Capabilities and Industrialization’ B Privatization Programmes 16. Kálmán Kalotay and Gábor Hunya (2000), ‘Privatization and FDI in Central and Eastern Europe’ 17. Ademola Ariyo and Afeikhena Jerome (1999), ‘Privatization in Africa: An Appraisal’ C Human Capital Development 18. Farhad Noorbakhsh, Alberto Paloni and Ali Youssef (2001), ‘Human Capital and FDI Inflows to Developing Countries: New Empirical Evidence’ D Corporate Social Responsibility 19. Ans Kolk, Rob van Tulder and Carlijn Welters (1999), ‘International Codes of Conduct and Corporate Social Responsibility: Can Transnational Corporations Regulate Themselves?’ 20. Ruth Mayne (1999), ‘Regulating TNCs: The Role of Voluntary and Governmental Approaches’ PART III COUNTRY AND REGIONAL ILLUSTRATIONS 21. Edward M. Graham and Paul Krugman (1995), ‘Current US Policy’ 22. John Child and David K. Tse (2001), ‘China’s Transition and its Implications for International Business’ 23. Jacques Morisset (2000), ‘Foreign Direct Investment in Africa: Policies Also Matter’ 24. John H. Dunning and Peter Robson (1987), ‘Multinational Corporate Integration and Regional Economic Integration’ Name Index