POLSCI 2J03 Lecture : 2J03 - Feb 1, 2012.docx
Document Summary
Lecture outline: definitions, fdi, portfolio, mnc/tnc, stats, commodity chains, perspectives, growth, impact on states, developments, globalization of production, change in production process, key issues. Fdi: foreign direct investment, investment in another country with control over production, direct control over the production process, e. g. Portfolio: investment in another country without control over productions, don"t have control over how companies run, e. g. Mnc, mne, tnc, tne: multinational corporations, multinational enterprise, transnational. Corporation, transnational enterprise: multi indicates number of countries, trans indicated ownership. More reflective of the social power of company. Vertical: different elements are controlled by a single company, retail, shipping, processed, raw, ex. Price or cost may find if you own the whole processes. Each factory may be serving a certain domestic market. Brand wagon sunsilk, dove, axe, vaseline, lipton etc: produces many types of products. If you produce a number of products spread your risk out.