International Business Emerging Issues and Emerging Markets
This sixth volume in the Academy of International Buiness Series presents leading-edge research on contemporary themes in international business. Part one explores several of the major issues that currently face multinational enterprises: government polic
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Carla C.J.M. Millar, Robert M. Grant and Chong Ju Choi
INTERNATIONAL BUSINESS
THE ACADEMY OF INTERNATIONAL BUSINESS Published in association with the UK Chapter of the Academy of International Business Titles already published in this series: INTERNATIONAL BUSINESS AND EUROPE IN TRANSITION (Volume 1) Edited by Fred Burton, Mo Yamin and Stephen Young INTERNATIONALISATION STRATEGIES (Volume 2) Edited by George Chryssochoidis, Carla Millar and Jeremy Clegg THE STRATEGY AND ORGANIZATION OF INTERNATIONAL BUSINESS (Volume 3) Edited by Peter Buckley, Fred Burton and Hafiz Mirza INTERNATIONALIZATION: PROCESS, CONTEXTS AND MARKETS (Volume 4) Edited by Graham Hooley, Ray Loveridge and David Wilson INTERNATIONAL BUSINESS ORGANIZATION (Volume 5) Edited by Fred Burton, Malcolm Chapman and Adam Cross
International Business Emerging Issues and Emerging Markets Edited by
Carla C. J. M. Millar Robert M. Grant and Chong Ju Choi
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First published in Great Britain 2000 by
MACMILLAN PRESS LTD Houndmills, Basingstoke, Hampshire RG21 6XS and London Companies and representatives throughout the world A catalogue record for this book is available from the British Library. ISBN 978-1-349-41541-0 DOI 10.1057/ 9780230596740
ISBN 978-0-230-59674-0 (eBook)
First published in the United States of America 2000 by
ST. MARTIN'S PRESS, INC., Scholarly and Reference Division, 175 Fifth Avenue. New York, N.Y. 10010 Library of Congress Cataloging-in-Publication Data International business : emerging issues and emerging markets I edited by Carla C. J. M. Millar, Robert M. Grant and Chong Ju Choi. p. em. Includes bibliographical references and index. l. International economic relations. 2. International trade. 3. International finance. 4. Investment. Foreign. 5. International business enterprises. I. Millar, Carla C.J.M. II. Grant, Robert M .. 1948- III. Choi, Chong Ju. HFI359 .1568 1999 658'.049-dc21 99-D49413 © Academy of International Business, UK Chapter. 2000 Softcover reprint of the hardcover 1st edition 2000 978-0-333-77100-6 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission.
No paragraph of this publication may be reproduced. copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Totten ham Court Road, London WI P OLP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. 10 9 09 08
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Contents List of Figures
x
List of Tables
xi
Foreword
xiii
List of Contributors
xiv
Acknowledgements
xvi
1
Intro
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