The question of how states should deal with multinational enterprises (MNEs) was first placed on the postwar political agenda in the late 1960s. Although there are numerous historical instances of concern over ‘international combines’1 the contemporary debate on MNEs has acquired a far greater political importance, resulting in systematic policy responses to such enterprises. It is the purpose of this chapter to consider the contribution of nationalism to the MNE issue. We shall first consider the principal theories concerning nationalism and the control of foreign direct investment. Secondly, the role of such theories in the evolution of early policies towards MNEs will be analysed. Finally, recent changes in policy towards MNEs will be described with a view to assessing the current relevance of nationalist thought in the response to such firms.
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- Economic Nationalism and the Regulation of Multinational Enterprises
P. T. Muchlinski
- Palgrave Macmillan UK
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