Contents Outline |
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xi | |
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xiii | |
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xv | |
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xvi | |
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xviii | |
Preface |
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xx | |
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xxiv | |
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1 The Strategic Context of the Shifting International Business Environment |
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1 | (16) |
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The Form and Nature of International Strategy |
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2 | (5) |
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The Environmental Context of International Business |
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7 | (1) |
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The Internal Context of Strategy |
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8 | (1) |
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The Globalisation of the Value Chain |
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9 | (3) |
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12 | (2) |
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The Integrated Nature of International Strategy |
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14 | (1) |
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15 | (2) |
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PART I GLOBALISATION AND THE CONTEXT OF INTERNATIONAL BUSINESS |
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17 | (136) |
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2 Globalization and the Changing Business Environment |
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19 | (31) |
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20 | (7) |
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Divergent Views of Globalization |
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27 | (4) |
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Measurement of Globalization |
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31 | (12) |
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What Does all This Mean for Business? |
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43 | (3) |
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46 | (4) |
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3 Regional Integration and Globalization |
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50 | (29) |
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The Nature of Regional Integration |
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52 | (5) |
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Global Trade and Regional Integration |
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57 | (5) |
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Moves towards Regional Integration in the Global Economy |
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62 | (10) |
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New Regionalism: A Paradigm for Economic Development |
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72 | (2) |
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74 | (2) |
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76 | (3) |
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4 Governance Issues in an Integrating World Economy |
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79 | (22) |
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The Evolution and Scope of Contemporary International Institutions |
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81 | (7) |
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Globalization and Governance |
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88 | (2) |
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The Critics of International Institutions |
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90 | (2) |
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Generic Criticisms of International Institutions |
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92 | (5) |
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97 | (4) |
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5 Development and International Production |
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101 | (28) |
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Differential Experiences of Development |
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102 | (15) |
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117 | (2) |
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Changing Approaches to Development |
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119 | (3) |
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Globalization, Production and Development |
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122 | (4) |
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126 | (3) |
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6 Emerging Economies: The Major Beneficiaries of Globalization |
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129 | (24) |
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Who and What are Emerging Economies? |
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131 | (2) |
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The Emergence of India and China |
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133 | (9) |
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Business and Emerging Economies |
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142 | (8) |
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Emerging Economies in a Global Context |
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150 | (1) |
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151 | (2) |
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PART II ENTERPRISE ISSUES IN THE GLOBAL ECONOMY |
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153 | (198) |
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7 International Trade: A Building Block of International Strategy |
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155 | (33) |
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From Comparative to Competitive Advantage |
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156 | (5) |
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The Global Framework for Trade in Products |
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161 | (1) |
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Trends in Merchandise Trade |
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162 | (11) |
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173 | (5) |
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The General Agreement on Trade in Services [ GATS] |
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178 | (3) |
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181 | (2) |
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The `Credit Crunch' and Global Trade |
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183 | (3) |
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186 | (2) |
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8 International Investment |
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188 | (23) |
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Foreign Indirect Investment (FII) |
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189 | (6) |
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Foreign Direct Investment (FDI) |
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195 | (8) |
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Trade-related Investment Measures (TRIMS) |
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203 | (1) |
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International Economic Agreements and FDI |
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204 | (2) |
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206 | (2) |
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208 | (3) |
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9 Multinational Enterprises: The Conduits of Globalization |
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211 | (25) |
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The Nature of the Multinational Enterprise |
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212 | (2) |
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Motivating Factors for MNEs |
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214 | (4) |
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The Multinationality of Multinational Enterprises |
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218 | (5) |
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The Evolution of International Production Theory |
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223 | (6) |
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The Knowledge-based View of the MNE |
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229 | (2) |
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231 | (2) |
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233 | (3) |
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10 The Internationalization of MNEs |
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236 | (22) |
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237 | (2) |
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239 | (1) |
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240 | (2) |
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The Link between Multinationality and Performance: The S-Shape Model |
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242 | (4) |
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Foreign Market Entry Modes |
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246 | (10) |
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256 | (2) |
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11 International Entrepreneurship and the Internationalization of Small and Medium-sized Businesses |
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258 | (23) |
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The Role of SMEs and Entrepreneurship in the Modern Economy |
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259 | (3) |
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The Internationalization of SMEs and the Rise of International Entrepreneurship |
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262 | (6) |
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Entrepreneurship and Economic Growth |
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268 | (5) |
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Clusters and the Globalization of SMEs |
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273 | (1) |
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Policy Measures to Support the Internationalization of SMEs |
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274 | (4) |
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278 | (3) |
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12 Business Functions within the International Firm |
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281 | (23) |
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282 | (4) |
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Corporate Governance within the International Firm |
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286 | (3) |
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International Marketing Management |
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289 | (3) |
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292 | (3) |
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Knowledge Management, Innovation and the MNE |
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295 | (3) |
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International Financial Management |
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298 | (3) |
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301 | (3) |
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304 | (24) |
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305 | (2) |
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Where Does Culture Come From? |
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307 | (8) |
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315 | (2) |
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317 | (4) |
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Critiques of Cultural Dimensions |
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321 | (1) |
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322 | (6) |
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14 Corporate Social Responsibility and Business Ethics: The International Dimension |
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328 | (23) |
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What are CSR and Business Ethics? |
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329 | (1) |
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Why Do Business Ethics and CSR Matter and Why Should Firms Behave Ethically? |
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330 | (3) |
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The International Dimension of Business Ethics and CSR |
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333 | (1) |
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Varying Perspectives on Ethics |
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334 | (1) |
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International Ethical and CSR Issues |
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335 | (8) |
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Initiatives to Encourage Ethical Behaviour |
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343 | (4) |
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347 | (4) |
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PART III CHALLENGES FOR THE GLOBAL RESOURCE BASE |
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351 | (137) |
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15 Labour Issues in the Global Economy |
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353 | (27) |
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Migration of Labour or Migration of Jobs? |
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354 | (3) |
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Globalization and Labour Standards |
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357 | (4) |
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Responses to Labour Standard Concerns |
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361 | (15) |
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376 | (4) |
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16 The Environment: The Greening of International Business |
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380 | (25) |
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Evolving Views of the Environment: The Emergence of Ecological Modernization |
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382 | (2) |
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Globalization and the Environment |
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384 | (3) |
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International Environmental Policy |
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387 | (8) |
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The Corporate Sector and Environmental Policy |
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395 | (7) |
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402 | (3) |
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17 The International Monetary System and Global Financial Integration |
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405 | (29) |
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The Form and Nature of the International Monetary System and Emerging Global Financial Integration |
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406 | (3) |
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Global Business and the International Monetary System |
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409 | (2) |
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The Evolution of the International Monetary System |
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411 | (2) |
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Managing the International Monetary System |
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413 | (2) |
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The Rise of Global Financial Capitalism |
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415 | (3) |
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Financial Stability and Crises in the Global Economy |
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418 | (7) |
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Managing the Emerging Global Financial System |
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425 | (6) |
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431 | (3) |
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18 The Global Information Economy |
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434 | (22) |
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The Nature of the Information Economy |
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435 | (3) |
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International Business and the Information Economy |
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438 | (6) |
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The Spread of the Information Economy |
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444 | (5) |
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Stimulating the Global Information Economy |
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449 | (5) |
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454 | (2) |
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19 Natural Resources: Are We Heading for a New Energy Crisis? |
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456 | (25) |
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Key Drivers in the International Energy Industry |
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461 | (2) |
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National Energy Policy Reforms |
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463 | (2) |
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Is the World Heading for a New Energy Crisis? |
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465 | (12) |
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477 | (4) |
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20 The Evolving International Environment |
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481 | (7) |
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Globalization and the Context of International Business |
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482 | (2) |
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Enterprise Issues in the Global Economy |
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484 | (2) |
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Challenges for the Global Resource Base |
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486 | (1) |
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487 | (1) |
Index |
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488 | |