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- Title
The Corporation In The Post-Industrial State Part II.
- Authors
Mason, Edward S.
- Abstract
The article focuses on investment overseas by American companies and the outlook for expansion in international trade. The increase in direct foreign investment by corporations in the United States is attributed to technological advances in transportation and communications, commercial and monetary policies, higher estimated growth rates and investment opportunities in Europe, and the increasing number of multinational and international firms. Market power, capital flow, brain drain, problems in the U.S. economy related to direct foreign investments, and the Voluntary Credit Restraint Program are mentioned, as well as statistics for American exports and U.S. direct investments. Concerns in Canada relate to the loss of economic independence and extra-territoriality as more foreign subsidiaries come into the country.
- Subjects
CANADA; UNITED States; FOREIGN investments; CORPORATIONS; CANADA-United States relations; INTERNATIONAL economic relations; AMERICAN investments; ECONOMIC history -- 1945-1971; FOREIGN subsidiaries; CAPITAL movements; EXTERRITORIALITY
- Publication
California Management Review, 1970, Vol 12, Issue 4, p15
- ISSN
0008-1256
- Publication type
Article
- DOI
10.2307/41164301