International Business and Government Relations in the 21st Century

This book offers an outlook on relations between national governments and multinational companies and provides broad coverage on the key issues likely to determine that relationship in the new century. From the perspective of the company decision maker concerned with national regulation and incentive policies, to the host government policy maker in an emerging market, to the home government policy-maker in a Triad country, each dimension is considered and analyzed in light of the others. Additional stakeholders such as labor groups, shareholders, non-government organizations, local governments, and regional organizations are discussed and their impacts on the relationship are evaluated. • New thinking on the key issues in government-business relations • Studies by the leaders in the analysis of international business-government relations • Framing the problem of international business-government relations in the 21st century

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Reviews:

'With a virtual who's-who from the field of international business-government relations, this volume analyzes complementary and antagonistic interactions between firms and governments. Rich in new detail, but grounded in a thorough historical appreciation of the literature, this work will appeal to academics and practitioners in developed and developing countries alike.' - Theodore H. Moran, Marcus Wallenberg Professor of International Business and Finance, Georgetown University 'Robert Grosse, who is one of the leading authorities on relations between multinational enterprises and governments, has done a great service to the academic and managerial communities by bringing together the perspectives of some of the finest researchers on this extremely important topic …This book is required reading for researchers and managers interested in gaining a nuanced appreciation of multinational-government relations, while academics and doctoral students will come to rely on it as a handy reference book.' - Sushil Vachani, Associate Professor of Strategy Policy and Faculty Director, DBA Program, Boston University 'This book defines the terms of reference for exploring the relationship between international companies and governments in the early 21st century. It revisits the idea that the relationship really involves more actors than just national governments and multinational companies - local governments, employees, pressure groups, and others are highly relevant stakeholders whose perspectives need to be considered in setting strategy and policy.' - Karl P. Sauvant, Director, Division on Investment, Technology and Enterprise Development, UNCTAD

Part I. History and Theories of Analysis of Government-Business Relations The relevance of the early literature on business-government relations for the early 21st century Jean Boddewyn; Institutional reform, FDI, and European transition economies John Dunning; Corporate governance in the global economy: national diversity or international convergence? Lee Preston; Revisiting rival states: is the new diplomacy still triangular? John Stopford Part II. The Shifting Government-Business Partnership: International business and government relations in central and eastern Europe Klaus Meyer and Camilla Jensen Global warming in the 21st century: new issues for business strategy, government policy and research on business-government relations Thomas Brewer; Evolution of business-government relation in the culture contents industry Dong-Song Cho; Multinational enterprise as public authority: the blurring of the line between state and market Steve Kobrin; The role of direct private foreign investment in developing countries: the judo trick Paul Streeten Part III. Bargaining Theory and the Obsolescing Bargain: Revisiting the obsolescing bargain Lorraine Eden, Stephanie Lenway, and Doug Schuler Bargaining theory in the 21st century Robert Grosse; Shifts in Chinese government policies on inbound FDI Yadong Luo; Has the obsolescing bargain obsolesced? Negotiating with foreign investors Alvin G. Wint Part IV. Host and Home Government Points of View Global regulatory convergence: the case of intellectual property rights Ravi Ramamurti; Regional multinationals and government policy: the end of multilateralism Alan Rugman; How will third world countries welcome foreign direct investment in the 21st century Stefan H. Robock; Assessing government policies for business competitiveness in emerging market economies: an institutional approach Dennis Rondinelli; Protecting foreign investors in the developing world: a shift in U.S. policy in the 1990s? Louis T. Wells