The Political Sociology of Foreign Direct Investment: Global Capitalism and Capital Mobility, 1965-1980

London, Bruce; Ross, Robert

doi:10.1177/002071529503600306

Cited by 75 publications

(133 citation statements)

References 28 publications

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“…However, the highest variance inflation factor score is less than four in models where we examine the effects of these variables separately. Second, the sequential use of "cognate" but "distinct" indicators of more than one independent variable should shed considerable light on the complexity of dynamics involving the issue under investigation (London and Ross 1995). If both debt service indicators maintain similar effects on deforestation, for example, then confidence in the general finding (i.e., debt increases deforestation) is enhanced.…”

Section: Resultsmentioning

confidence: 99%

Debt, Structural Adjustment and Deforestation: A Cross-National Study

Shandra

Shor

Gary

et al. 2008

JWSR

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Section: Resultsmentioning

confidence: 99%

Debt, Structural Adjustment and Deforestation: A Cross-National Study

Shandra

Shor

Gary

et al. 2008

JWSR

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“…London and Ross 1995;Ross and Trachte 1990) suggest that such an "alliance" among transnational economic actors, state officials, and economic elites plays a key role in shaping a wide range of development policies in the poorer countries of the world. Of most relevance are those cases in which repressive or non-democratic regimes pursue policies that serve the interests of transnational actors (e.g., good business climate, austerity programs, imposed political stability, and so on).…”

Section: Resultsmentioning

confidence: 99%

“…This inability to provide adequate basic needs to local populations may well be reflected in higher levels of infant mortality (Lena and London 1993;London and Williams 1990). In addition, repressive regimes often provide transnationals with exemptions to occupational safety and environmental laws (London and Ross 1995). Such concessions may increase the exposure of employees to toxic working conditions, increasing the prevalence of reproductive problems and causing some infant deaths (Clapp 2001).…”

Section: Resultsmentioning

confidence: 99%

“…Conversely, political repressiveness or a lack of democracy can lead to increases in infant mortality, as repressive regimes are less likely to respond to public opinion, social movements, and interest groups concerned with health issues (London and Ross 1995;Leonard 1988). To our knowledge, only one study has found support for the hypothesized, inverse relationship between democracy and infant mortality (Lena and London 1993).…”

Section: Political Modernization Perspectivementioning

confidence: 99%

“…Peripheral countries-eager to attract foreign investment in efforts to expand local production, employment, and technology-are often in the position of competing with one another. As a result, peripheral countries offer a variety of economic incentives including wage and tax reductions (London and Ross 1995;Ross and Trachte 1990;Leonard 1988). Consequently, multinational corporate investment erodes tax revenues used to fund basic social service programs, which may lead to an increase in infant mortality.…”

Section: Dependency Perspectivementioning

confidence: 99%

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Dependency, democracy, and infant mortality: a quantitative, cross-national analysis of less developed countries

Shandra

Nobles

London

et al. 2004

Social Science & Medicine

164

127

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This study presents quantitative, sociological models designed to account for cross-national variation in infant mortality rates. We consider variables linked to four different theoretical perspectives: the economic modernization, the social modernization, the political modernization, and the dependency perspectives. The study is based on a panel regression analysis of a sample of fifty-nine developing countries. Our preliminary analysis based on additive models replicates prior studies to the extent that we find that indicators linked to economic and social modernization have beneficial effects on infant mortality. We also find support for hypotheses derived from the dependency perspective suggesting that multinational corporate penetration fosters higher levels of infant mortality. Subsequent analysis incorporating interaction effects suggest that the level of political democracy conditions the effects of dependency relationships based upon exports, investments from multinational corporations, and international lending institutions. Transnational economic linkages associated with exports, multinational corporations, and international lending institutions adversely affect infant mortality more strongly at lower levels of democracy than at higher levels of democracy; that is intranational, political factors interact with the international, economic forces to affect infant mortality. We conclude with some brief policy recommendations and suggestions for the direction of future research.3

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Attacked from Both Sides: A Dynamic Model of Multinational Corporations' Strategies for Protection of Their Property Rights

Bucheli

Kim

2015

Global Strategy Journal

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Multinationals operating in site‐specific industries face two types of opportunistic behavior. If they vertically integrate, host governments have incentives to change existing legislation challenging the firms' property rights. If they do not, they can be held up by business partners or lose control over the production process. These conflicting problems are reflected in the contradictory assessment made by the obsolescing bargaining power and transaction costs economics theories. Drawing on property rights theory, we introduce political integration as a strategy to address the two conflicting problems. It involves the integration of the host country's polities within the multinational's structure to avoid government opportunism, while still benefiting from the advantages of vertical integration. However, this strategy can backfire after institutional changes in the host country.

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The Political Sociology of Foreign Direct Investment: Global Capitalism and Capital Mobility, 1965-1980

Cited by 75 publications

References 28 publications

Debt, Structural Adjustment and Deforestation: A Cross-National Study

Debt, Structural Adjustment and Deforestation: A Cross-National Study

Dependency, democracy, and infant mortality: a quantitative, cross-national analysis of less developed countries

Attacked from Both Sides: A Dynamic Model of Multinational Corporations' Strategies for Protection of Their Property Rights

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