© 1997

Capital beyond Borders

States and Firms in the Auto Industry, 1960–94


Part of the International Political Economy Series book series (IPES)

Table of contents

  1. Front Matter
    Pages i-xviii
  2. Kenneth P. Thomas
    Pages 1-27
  3. Kenneth P. Thomas
    Pages 135-148
  4. Back Matter
    Pages 149-191

About this book


This book challenges the established wisdom regarding the balance of bargaining power between multinational corporations and host governments. Most theories, beginning with Raymond Vernon's, claim that the bargaining power of host states should increase over time. This work shows the opposite is true, at least for the automobile industry in the industrialized world. The reason for this is the growing mobility of production, which undercuts host states' bargaining positions. Capital mobility is thus central to both firm-state relations and IPE generally.


capital government growth international relations mobility political theory production state war work World War I World War II

Authors and affiliations

  1. 1.University of MissouriSt LouisUSA

Bibliographic information

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