Transnational Corporations

Transnational Corporations

Embracing mainstream international law, this section on transnational corporations explores the context, history and effect of the area of the law covered here.

Resources

See Also

foreign direct investments, TNCs, FDIs, international political economy, development, international agreements, developed countries

Further Reading

• The entry “transnational corporations” in the Parry and Grant Encyclopaedic Dictionary of International Law (currently, the Encyclopaedic Dictionary of International Law, 2009), Oxford University Press
• Armijo, L. (2001) Mixed Blessing: Expectations about Foreign Capital Flows and Democracy in Emerging Markets. In L. Armijo (ed.) Financial Globalization and Democracy in Emerging Markets. New York: Palgrave Macmillan, pp. 17–50.
• Barrell, R., and Pain, N. (1997) Foreign Direct Investment, Technological Change, and Economic Growth within Europe. Economic Journal 107, 1770–86.
• Bennett, D.C., and Sharpe, K.E. (1979) Agenda Setting and Bargaining Power: The Mexican State Versus Transnational Automobile Corporations. World Politics 43, 57–89.
• Biersteker, T.J. (1980) The Illusion of State Power: Transnational Corporations and the Neutralization of Host-Country Legislation. Journal of Peace Research 17 (3), 208–21.
• Biersteker, T.J. (1995) The “Triumph” of Liberal Economic Ideas in the Developing World. In B. Stallings (ed.) Global Change, Regional Response: The New International Context of Development. New York: Cambridge University Press, pp. 174–96.
• Blanton, S.L., and Blanton, R.G. (2007) What Attracts Foreign Investors? An Examination of Human Rights and Foreign Direct Investment. Journal of Politics 69 (1), 143–55.
• Borenszstein et al. (1998) How Does Foreign Direct Investment Affect Economic Growth? Journal of International Economics 45 (1), 115–35.
• Broad, R. (2002) Global Backlash: Citizen Initiatives for a Just World Economy. Lanham: Rowman and Littlefield.
• Broz, J.L., and Frieden, J. (2001) The Political Economy of International Monetary Relations. Annual Review of Political Science 4, 317–43.
• Burt, E. (1997) Developing Countries and the Framework for Negotiations on Foreign Direct Investment in the World Trade Organization. American University Journal of Law and Policy 12, 1015–61.
• Caves, R. (2003) Multinational Enterprise and Economic Analysis. New York: Cambridge University Press.
• Chang, H.-J. (2008) Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism. New York: Bloomsbury Press.
• Civello, P. (1999) The TRIMs Agreement: A Failed Attempt at Investment Liberalization. Minnesota Journal of World Trade 8 (1), 97–126.
• Crystal, J. (2003) Unwanted Company: Foreign Investment in American Industries. Ithaca: Cornell University Press.
• Dattu, R. (2000) A Journey from Havana to Paris: The Fifty-Year Quest for the Elusive Multilateral Agreement on Investment. Fordham International Law Journal 24, 275–316.
• Doremus, P.N., Keller, W.W., Pauly, L.W., and Reich, S. (1998) The Myth of the Global Corporation. Princeton: Princeton University Press.
• Dunning, J., and Lundan, S. (2008) Multinational Enterprises and the Global Economy. Northampton, MA: Edward Elgar.
• Encarnation, D.J. (1990) Neither MITI nor America: the Political Economy of Capital Liberalization in Japan. International Organization 44 (1), 23–54.
• Encarnation, D.J., and Wells, L.T.J. (1985) Sovereignty En Garde: Negotiating with Foreign Investors. International Organization 39 (1), 47–78.
• Evans, P.B. (1985) Transnational Linkages and the Economic Role of the State: An Analysis of Developing and Industrialized Nations in the Post–World War II Period. In P.B. Evans, D. Rueschemeyer, and T. Skocpol (eds.) Bringing the State Back In. New York: Cambridge University Press, pp. 192–226.
• Fieldhouse, D. (1986) “A New Imperial System”? The Role of the Multinational Corporations Reconsidered. In W. Mommsen and J. Osterhammel (eds.) Imperialism and After. New York: Allen and Unwin, pp. 225–40.
• Frieden, J., and Martin, L.L. (2002) International Political Economy: Global and Domestic Interactions. In I. Katznelson and H.V. Milner (eds.) Political Science: State of the Discipline. New York: W.W. Norton & Company, pp. 118–46.
• Gallagher, K.P., and Zarsky, L. (2007) The Enclave Economy: Foreign Investment and Sustainable Development in Mexico’s Silicon Valley. Cambridge: MIT Press.
• Gereffi, G. (1978) Drug Firms and Dependency in Mexico. International Organization 32 (1), 237–86.
• Gillespie, R.W. (1972) The Policies of England, France, and Germany as Recipients of Foreign Direct Investment. In F. Machlup, W.S. Salant, and L. Tarshis (eds.) International Mobility and Movement of Capital. Cambridge: NBER Books, pp. 397–431.
• Goodman, D., Spar, D., and Yoffie, D. (1996) Foreign Direct Investment and the Demand for Protection in the United States. International Organization 50, 565–91.
• Graham, E.M. (2000) Fighting the Wrong Enemy: Antiglobal Activists and Multinational Enterprises. Washington, DC: Peterson Institute for International Economics.
• Graham, E.M., and Marchick, D.M. (2006) US National Security and Foreign Direct Investment. Washington, DC: Institute for International Economics.
• Grieco, J.M. (1986) Foreign Investment and Development: Theories and Evidence. In T. Moran (ed.) Investing in Development: New Roles for Private Capital? New Brunswick: Transaction Books, pp. 35–60.
• Haggard, S. (1989) The Political Economy of Foreign Direct Investment in Latin America. Latin American Research Review 24 (1), 184–208.
• Henisz, W.J. (2000) The Institutional Environment for Multinational Investment. Journal of Law, Economics and Organization 16 (2), 334–64.
• Hiscox, M. (2004) International Capital Mobility and Trade Politics: Capital Flows, Political Coalitions, and Lobbying. Economics and Politics 16 (3), 253–85.
• Hymer, S. (1976) The International Operations of National Firms. Cambridge: MIT Press.
• Kalderimis, D. (2004) IMF Conditionality as Investment Regulation: A Theoretical Analysis. Social and Legal Studies 13 (1), 103–31.
• Kapstein, E.B. (1991/2). We Are Us: The Myth of the Multinational. National Interest (winter), 55–62.
• Kelley, G. (2001) Multilateral Investment Treaties: A Balanced Approach to Multinational Corporations. Columbia Journal of Transnational Law 39, 483–530.
• Kobrin, S.J. (1987) Testing the Bargaining Hypothesis in the Manufacturing Sector in Developing Countries. International Organization 41 (4), 609–38.
• Kobrin, S.J. (1998) The MAI and the Clash of Civilizations. Foreign Policy 112, 97–109.
• Li, Q., and Resnick, A. (2003) Reversal of Fortunes: Democratic Institutions and Foreign Direct Investment Inflows to Developing Countries. International Organization 57 (1), 175–211.
• Mahler, V.A. (1980) Dependency Approaches to International Political Economy. New York: Columbia University Press.
• Mason, M. (1997) Europe and the Japanese Challenge: The Regulation of Multinationals in Comparative Perspective. New York: Oxford University Press.
• Mikesell, R. (1971) Foreign Investment in the Petroleum and Mineral Industries. Baltimore: Johns Hopkins University Press.
• Milner, H.V., and Yoffie, D.B. (1989) Between Free Trade and Protectionism: Strategic Trade Policy and a Theory of Corporate Trade Demands. International Organization 43, 239–72.
• Moran, T. (1978) Multinational Corporations and Dependency: A Dialogue for Dependentistas and Non-Dependentistas. International Organization 32 (1), 79–100.
• Moran, T. (1998) Foreign Direct Investment and Development: The New Policy Agenda for Developing Countries and Economies in Transition. Washington, DC: Peterson Institute for International Economics.
• Moran, T., Graham, E., and Blomström, M. (2005) Does Foreign Direct Investment Promote Development? Washington, DC: Peterson Institute for International Economics.
• Neumayer, E., and Spess, L. (2005) Do Bilateral Investment Treaties Increase Foreign Direct Investment to Developing Countries? World Development 33 (10), 1567–85.
• O’Donnell, G. (1979) Tensions in the Bureaucratic-Authoritarian State and the Question of Democracy. In D. Collier (ed.) The New Authoritarianism in Latin America. Princeton: Princeton University Press, pp. 285–318.
• Oneal, J.R. (1994) The Affinity of Foreign Investors for Authoritarian Regimes. Political Research Quarterly 47 (3), 565–88.
• Penrose, E. (1968) The Large International Firm in Developing Countries: The International Petroleum Industry. London: Allen and Unwin.
• Prakash, A., and Potoski, M. (2006) Racing to the Bottom? Trade, Environmental Governance, and ISO 14001. American Journal of Political Science 50 (2), 350–64.
• Reich, R. (1991) The Work of Nations: Preparing Ourselves for 21st Century Capitalism. New York: Knopf.
• Risse, T. (2002) Transnational Actors and World Politics. In W. Carlsnaes, T. Risse, and B. Simmons (eds.) Handbook of International Relations. New York: Sage, pp. 255–74.
• Rose-Ackerman, S., and Tobin, J. (2005) Foreign Direct Investment and the Business Environment in Developing Countries: The Impact of Bilateral Investment Treaties. Yale Law and Economics Research Paper No 293. New Haven: Yale University.
• Safarian, A.E. (1983) Governments and Multinationals: Policies in the Developed Countries. Washington, DC: National Planning Association.
• Sell, S., and Prakash, A. (2004) Using Ideas Strategically: The Contest between Business and NGO Networks in Intellectual Property Rights. International Studies Quarterly 48, 143–75.
• Smith, J., Bolyard, M., and Ippolito, A. (1998) Human Rights and the Global Economy: A Response to Meyer. Human Rights Quarterly 21, 207–19.
• Smythe, E. (1998) Your Place or Mine? States, International Organizations and the Negotiation of Investment Rules. Transnational Corporations 7 (3), 85–120.
• Stopford, J., and Strange, S. (1991) Rival States, Rival Firms: Competition for World Market Shares. New York: Cambridge University Press.
• Sunkel, O. (1972) Big Business and “Dependencia”: A Latin American View. Foreign Affairs 50 (3), 517–31.
• Tyson, L.D. (1991) They Are Not Us: Why American Ownership Still Matters. American Prospect 4, 37–49.
• UNCTAD (2001) World Investment Report 2001: Promoting Linkages. New York: United Nations.
• Vernon, R. (1971) Sovereignty at Bay: The Multinational Spread of U.S. Enterprises. New York: Basic Books.
• Vernon, R. (1992) Transnational Corporations: Where Are They Coming From, Where Are They Headed? Transnational Corporations (1), 7–35.