Multinational corporations and regional integration
Some preliminary reflections
Bibliographic Data
| ID | 11895088 |
|---|---|
| Authors | Werner J Feld (Louisiana State University, corresponding author), Werner Feld |
| Year | 1974 |
| Volume | 1 |
| Issue | 1 |
| Pages | 19-26 |
| Publication date | 1974-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | International Interactions (JOURNAL) |
| Journal identifiers | ISSN: 0305-0629 • E-ISSN: 1547-7444 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1080/03050627408434383 |
| OpenAlex | W2036368199 |
| Language | EN |
| Citations received | 1 |
| References cited | 5 |
In 1970, the worldwide affiliates of mutlinational corporations (MNCs), headquartered in Europe and the USA, numbered 27,300. Inevitably, they have had a significant effect on regional integration—economic, social, and political. Economically, production and marketing patterns of MNCs have tended to aid regional integration in developed regions. However, they have had a limited impact in the Third World. The presence of MNCs in pluralistic societies will probably further social integration by first fostering a regionally oriented elite; this orientation may then spread to the populace at large. In the Third World, however, MNCs may actually widen the elite‐masses gap. Social integration also has political overtones, as the socialization process will inevitably enhance attitudinal integration. The more MNC facilities in a region, the more will decision‐making powers and activities tend to be transferred from national units to regional institutions (institutional integration), and the more governments within the region will be urged to make joint policies (policy integration). However, nationalistic feelings and fears of dependence will probably impede regional political integration in the Third World
Business · Economic geography · Economic integration · Economic system · Economics · Elite · Feeling · International trade · Multinational corporation · Political economy · Political science · Politics · Regional Integration · Social integration · Social science · Socialization · Sociology · International Business and FDI · Law
| Unique citing works | 1 |
|---|---|
| Citations per year | 0.5 |
| Citation span | 2024 - 2024 (1) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 1 |