Abstract
In this chapter we attempt to review and integrate representative literature on the exceptionally broad topic of multinational enterprises (MNEs) and public policy towards them. To help us in this difficult task we build upon the insights offered by Richard Caves (1982) in Chapter 10 (on ‘public policy’) in his critically acclaimed advanced textbook, Multinational Enterprise and Economic Analysis. This book was first published in 1982 and substantially revised in a second edition in 1996. Our specific task is to consider the literature on MNEs and public policy as it has emerged since 1970 and make projections ahead to the relevance of this literature for the year 2020, which is the target date set by the 18 members of the Asia-Pacific Economic Cooperation Forum (APEC) for the realisation of full trade and foreign direct investment (FDI) liberalisation. Such liberalisation has already been implemented in the European Union (15 member states), and it will further expand as new countries are accepted as EU members in the 21st century.
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Rugman, A.M., Verbeke, A. (2000). Multinational Enterprises and Public Policy. In: Millar, C.C.J.M., Grant, R.M., Choi, C.J. (eds) International Business. The Academy of International Business Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230596740_2
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