{"product_id":"in-the-hurricanes-eye-9780674004245","title":"In the Hurricanes Eye","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eThe world's multinational enterprises face a spell of rough weather, Vernon argues, not only from the host countries in which they have established their subsidiaries, but also from their home countries. The challenge for policy makers, Vernon argues, is to bridge the quite different regimes of the multinational enterprise and the nation-state.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTrade Review\u003c\/b\u003e\u003cbr\u003eVernon argues that the present ostensibly cordial relationships between governments and multinationals disguises serious tensions which need addressing by policy makers… Vernon’s book is an opportune reminder that underlying tensions between the interests of ‘governments’ and multinationals did not disappear in the 1990s, and that much of the enthusiasm for multinational investment in emerging and other economies is either naive, or, at the very least, based on insufficient understanding of the consequences of foreign direct investment. -- Geoffrey Jones * Business History *\u003cbr\u003eHowever, noted MNC expert Raymond Vernon, in the thoughtful and comprehensive \u003ci\u003eIn the Hurricane’s Eye\u003c\/i\u003e actually sees a potential challenge to the ascent of the MNC as the world prepares to enter the new millennium… Vernon does more than simply chronicle the growing hostility toward MNCs across the globe. \u003ci\u003eIn the Hurricane’s Eye\u003c\/i\u003e concludes with a thorough examination of how best to deal with the inevitable conflicts between multinational corporations and various actors within the nation states of the developed world… Vernon, by examining this latest round of hostilities, makes it clear that the nation state must continue to figure into our assessment of the authority of the MNC. -- Michael Carriere * Review of Political Economy *\u003cbr\u003eVernon sees TNCs in the eye of the hurricane, hence a rather gloomy prediction… In short, like any good weatherperson, Vernon has given us the warning signs. But he has done them one better. Unlike the weather, where ‘everyone talks about it but no one does anything about it,’ Vernon’s grand tour does include suggestions on how the hurricane can be avoided. -- Tagi Sagafi-Nejad * Transnational Corporations *\u003cbr\u003e\u003ci\u003eIn the Hurricane’s Eye\u003c\/i\u003e is the most important book on the political economy of the multinational corporation to be published since \u003ci\u003eSovereignty at Bay\u003c\/i\u003e. Ray Vernon has once again demonstrated his insightful and distinctive understanding of the trends affecting the dynamics of business–government relations in the global economy. -- David Vogel, University of California, Berkeley\u003cbr\u003eAt the very moment when market capitalism and the multinational enterprises that both reflect and propagate it are in global ascendancy, this book sounds a timely note of caution. Vernon, whose pathbreaking \u003ci\u003eSovereignty at Bay\u003c\/i\u003e offered a fresh perspective on the interactions between multinational firms and national governments a quarter of a century ago, here lays out why their divergent goals make mounting clashes inevitable. One does not have to share Vernon’s pessimism to profit from his analysis of these growing tensions and the steps that might be taken to lessen them. -- Marina V. N. Whitman, University of Michigan\u003cbr\u003eAn invaluable analysis of the role of multinationals in today’s globalizing economy by one of the wisest and most experienced experts in the field. -- Shirley Williams, Baroness of Crosby, UK House of Lords\u003cbr\u003eNo one has had deeper insight or a surer grasp into the global economy over several decades than Raymond Vernon. Now with \u003ci\u003eIn the Hurricane’s Eye\u003c\/i\u003e, he explains clearly and logically why the apparent calm between multinational enterprises and the nation-state is likely to be shattered by the inherent conflicts between them. Both practitioners and analysts will benefit from the wisdom and unique perspective he brings to this critical and timely subject. -- Daniel Yergin, Pulitzer Prize–winning author of \u003ci\u003eThe Prize\u003c\/i\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003ePreface    Setting the Context: Multinational Enterprises in a System of Nation-States   A Rough Take-off for the Multinationals   Calibrating the Multinationals' Importance   Multinationals' Behavior in International Markets   The Challenge: Accommodating Multinationals and Nation-States    Tensions in the Background: Conflict between Multinational Enterprises and Nation-States   The Nation-States' Struggle for Jobs   Taxing Multinationals   Security for the Nation-State   Conflicts of Jurisdiction, Culture, and Principle    Inside the Emerging Economies: High Stakes for Nation-States and Multinational Enterprises   Latin America   Fading Stars of Asia   Transitional Economics: From Hungary to China   India    Conclusions    Inside the Industrialized Economies: New Sources of Tension   The Case of Europe   The Case of the United States   The Case of Japan   Common Problems, Common Responses    The Struggle over Open Markets: The Gathering Clouds   Ambivalence in the United States and Europe   Multinationals and the Struggle for Public Resources   Uncertainties in the International Political Climate    Righting the Balance: Possible Policy Responses   The Search for Global Principles   Bilateral Agreements   Industry-Centered Agreements   Regional Agreements   Possible New Initiatives   Unilateral Measures   Reprise    Notes   Index","brand":"Harvard University Press","offers":[{"title":"Default Title","offer_id":49403510915415,"sku":"9780674004245","price":31.46,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780674004245.jpg?v=1730483688","url":"https:\/\/bookcurl.com\/products\/in-the-hurricanes-eye-9780674004245","provider":"Book Curl","version":"1.0","type":"link"}