POLSCI 2J03 Lecture Notes - Lecture 4: Debt Crisis, Tax Evasion, Neoliberalism
18 Apr 2016
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How they are increasingly made on a global basis. Definitions: fdi, portfolio, mnc/tnc, stats, commodity chains. Developments: globalization of production, change in production process. Fdi: investment in another country with control over production, eg. Ford in canada: invest in another company, or take over, and have a say, canada: heavily dependent on fdi: most from u. s in how that company runs. Portfolio: investment in another country without control over, eg. Mnc, mne, tnc, tne: large corporations that function across state boundaries, entity in question is the same, multi indicates number of countries, trans indicates ownership; owned in one country and (cid:1) operated in another. Aggregate corporations: try and refer to some of their relative characteristics if you want to see what their impact is. Horizontal: plants in different places/markets: eg. Toyota, ford, general motors: reason: market access, be able to sell product in each market, important in automobile industry because of protectionism.
