Multinational enterprises are particularly strong in Latin America and sensitive to political and economic changes there - the currently emerging debt crisis is likely to have far-ranging effects.
This book considers multinationals in Latin America, both those from inside and those from outside the region, and discusses the major issues relating to them, e.g. trans-national regulation and the government/business relationships. It sets the discussions against the background of other work and theories of multinational enterprise. Novel features include the development of the author's bargaining theory of multinational enterprise and the attempt to create a systematic method for evaluating MNE acceptability for host governments (an important consideration since the relationship between multinationals and governments, particularly the way a government perceives a multinational, is crucial). The book concludes by assessing current trends and likely future developments.
`...a worthwhile account of the general trends of foreign investment in Latin America, with useful sets of data.' - Institute of Social Studies
`...makes useful contributions to our understanding of multinationals in Latin America.' - Journal of Latin American Studies
`The book provides a well-argued overview of the interdependence between political and economic objectives in Latin America and the impact upon the competitive environment...a useful background source on the operational environment in Latin America.' - Business History