Transnational Corporations and International Production

Concepts, Theories and Effects, Third Edition

3rd edition

Grazia Ietto-Gillies, Emeritus Professor of Applied Economics, London South Bank University and Visiting Professor, Birkbeck University of London, UK

Thoroughly updated and substantially extended, this internationally successful text explores transnational corporations (TNCs), their activities and effects, as well as the theories developed to explain them. Invaluable for courses as well as researchers in international business, international economics, globalization, international relations, economic geography and history of economic thought on the TNCs.

‘Grazia Ietto-Gillies’ book – now in its 3rd edition – has a well-earned cult following. There is no other book that provides such a comprehensive, detailed and updated overview of theoretical approaches to the study of transnational corporations (TNCs) as the main actors in globalisation processes. As for the previous editions, Ietto-Gillies’ book remains unique for its exhaustive coverage of the major theories of TNCs, and for following a history of economic thought perspective surprisingly seldom applied to this topical field of research. Achievements and gaps of the theoretical body of literature looking at determinants and impacts of TNC behaviours and strategies, in a comparative perspective, are subject to an extraordinarily thoughtful and original analysis. I recommend the book highly for students at all levels of higher education; it should be considered necessary for any scholar seeking to advance our knowledge on one of the most important drivers of modern societies world-wide.’
– Simona Iammarino, London School of Economics, UK

‘This book deals with the important issue of integrating the study of the transnational corporation into economics. Ietto-Gillies places the different theories on the TNC into their wider theoretical and historical contexts and offers the reader an excellent opportunity to get a deeper understanding of not only the circumstances under which a theory has developed but also which issues are addressed by the theory – and which issues are not addressed. The book contains brilliant analyses and comparisons of basic theories within the field and is an inspiring source for every scholar within the international business field.’
– Mats Forsgren, Uppsala University, Sweden

‘Grazia Ietto-Gillies' book remains the best introduction that we have to theories of international business. It offers an especially comprehensive guide to the origin and evolution of theories of transnational corporations grounded in Economics or Strategy. The latest edition relates to all the major contemporary debates in the field.’
– John Cantwell, Rutgers University, US

Acclaim for the first edition:

‘A most imaginative and carefully crafted textbook on the determinants and effects of MNE activity. A really excellent introduction to the subject. It deserves to be widely read by both undergraduates and graduate students taking courses in international economics and business.’
– John H. Dunning, University of Reading, UK and Rutgers University, US

2019 360 pp Paperback 978 1 78811 715 9 £28.00 £35.00 $44.00 $55.00
2019 360 pp Hardback 978 1 78811 713 5 £153.00 £105.00 $153.00 $170.00

Elgaronline 978 1 78811 714 2

Edward Elgar Publishing Ltd. is registered in the UK at: The Lypiatts, 15 Lansdown Road,
Cheltenham, Glos GL50 2JA. Registered number: 2041703

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