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Introduction and Statement of the Issues

  • Peter J. Buckley
  • Jeremy Clegg

Abstract

In the last 20 years the attitudes of policy-makers towards multinational enterprises (MNEs), together with the issues preoccupying researchers, have undergone profound shifts. Development policy in the 1960s and 1970s were frequently predicated upon the notion that international trade inevitably brought dependence on foreign (developed) economies. Accordingly the trade policy of many less developed countries (LDCs) was designed to close off their economies, typically employing tariff protection. One result of this was that MNEs were induced to set up local production within these LDC markets to substitute for the exports they had lost.

Keywords

Foreign Direct Investment Host Country Trade Policy Source Country Multinational Enterprise 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Peter J. Buckley and Jeremy Clegg 1991

Authors and Affiliations

  • Peter J. Buckley
  • Jeremy Clegg

There are no affiliations available

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