Global capitalism at bay? by Professor John H Dunning

By Professor John H Dunning

During this choice of his most modern essays, John H. Dunning - well known authority in foreign enterprise - elaborates his theories at the present state of affairs of the overseas direct funding and multinational corporations.

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Durkheim, E. (1938), The Rules of Sociological Method, Glencoe, Illinois: Free Press. Etzioni, A. (1996), The New Golden Rule, New York: Basic Books. L. (1999), The Lexus and the Olive Tree, New York: Farrar, Straus and Giroux. Fukuyama, F. (1999), The Great Disruption, London: Profile Books. Gray, J. (1998), False Dawn, New York: The New Press. Greider, W. (1997), One World or Not: Ready or Not: The Manic Logic and Global Capitalism, New York: Simon and Schuster. Groenewegen, J. (1997), “Institutions of Capitalism: American, European and Japanese Systems Compared,” Journal of Economic Issues 31 (2), pp.

G. by regulatory and other means). 12 Sylvia Ostry (2000) for example writes about international non-governmental organizations or INGOs. g. Scholte, Obrien and Williams (1999). 14 For example, one useful exercise might be to examine the affect of NGOs on the flows of FDI following the breakdown of the MAI agreement; at the same 44 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Global capitalism at bay? time this would best wait until the repercussions of the breakdown of the MAI talks are fully known.

But, to give just one example, in the US—perhaps the most market oriented economy in the world—their numbers run into many thousands, and it is reckoned that the assets of the independent sector—and these may include those of some NGOs—are about one-half of those of the federal government; and that this sector accounts for about 10 percent of total national employment. Moreover, these percentages are growing (Van Til 1998, Ben-Ner and Gui 1993, Rifkin 1995, Salamon and Anheier 1997). Why then should we concern ourselves with NPOs?

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