Department of Political Science
TTh, 9:10-10:25 Joseph M. Grieco
Sociology/Psychology 126Perkins 315
660-4315; grieco@acpub.duke.edu
Office Hours:Tuesday, 1:30-3:30
This course explores the special place of the multinational enterprise in the contemporary global economy.The course reviews the types and magnitude of operations of multinational firms around the world, and investigates the national and international political conditions that facilitate or restrict the growth of such operations.It addresses the questions of whether multinational enterprises are autonomous political-economic actors, how they may contribute to the development of emerging host-economies, how they might influence the politics and societies of advanced countries, and if they might contribute to more peaceful relationships among nations.The course also explores the question of whether governments should work together to regulate the operations of multinational enterprises.
2.Requirements
and Grading
The final grade will be based on an in-class midterm examination (20%); an in-class final examination (30%); a group presentation (10%); a 10-page group paper (20%); co-leadership of a class session (10%); and individual class participation (10%).
3.Readings
Required readings are on reserve at Perkins Library or, if marked by an asterisk, through the Library’s electronic databases.The following books are available for purchase at the Duke University Book Store:
Paul Doremus, William Keller, Louis Pauly, and Simon Reich, The Myth of the Global Corporation (Princeton:Princeton University Press, 1998).
Michael Porter, The Competitive Advantage of Nations (New York:Free Press, 1998).
Richard Rosecrance, The Rise of the Virtual State:Wealth and Power in the Coming Century (New York:Basic Books, 1999).
Multinational Enterprises and Foreign Direct Investment:Types and Magnitudes (August 31)
George Taoka and Don Beeman, International Business:Environments, Institutions, and Operations, pp. 352-371.
UNCTAD, World Investment Report 1999, pp. 3-31, 77-84; 94-105.
Multinational Enterprises:Goals, Structures, and Strategies (September 5-7)
Michael Porter, The Competitive Advantage of Nations, pp. 33-175.
Multinational Enterprises in a World of Nations (September 12-14)
Porter, Competitive Advantage of Nations, pp. 179-273, 543-615.
Benjamin Gomes-Casseres, “Group Versus Group:How Alliance Networks Compete,” in Jeffrey Garten, ed., World View:Global Strategies for the New Economy, pp. 127-41.
II.The Political and Social Context of the Multinational Enterprise
International Political Conditions (September 19-21)
Robert Gilpin, U.S. Power and the Multinational Corporation (New York:Basic Books, 1975), Introduction and chapters 1-2, 4-6.
Philip Wellons, “International Debt:the Behavior of Banks in a Politicized Environment,” in Miles Kahler, ed., The Politics of International Debt, pp. 97-125.
Stephen Krasner, “Power Politics, Institutions, and Transnational Relations,” in Thomas Risse-Kappen, ed., Bringing Transnational Relations Back In, pp. 257-279.
Domestic Political-Social Conditions (September 26-28)
Paul Doremus, et.al., The Myth of the Global Corporation.
The Emerging Economies:Early Concerns (October 3)
Stephen Hymer, “The Multinational Corporation and the Law of Uneven Development,” in Robert Cohen, et.al., eds.,The Multinational Corporation, pp. 54-74.
Raymond Vernon, Sovereignty at Bay:The Multinational Spread of U.S. Enterprises, pp. 46-59.
*Joseph Grieco, “Between Dependency and Autonomy:India’s Experience with the International Computer Industry,” International Organization 36 (Summer 1982), pp. 609-32, available on the web through Duke’s subscription to JSTOR.
The Emerging Economies:Contemporary Issues (October 5, 10)
Gary Gereffi, “Global Production Systems and Third World Development,” in Barbara Stallings, ed., Global Change, Regional Response:The New International Context of Development, pp. 100-142.
Cal Clark and Steve Chan, “MNCs and Developmentalism:Domestic Structure as an Explanation for East Asian Dynamism,” in Risse-Kappen, ed., Bringing Transnational Relations Back In, pp. 112-45.
Peter Evans, “Transnational Corporations and Third World States: From the Old Internationalization to the New,” in Richard Kozul-Wright and Robert Rowthorn, eds., Transnational Corporations and the Global Economy, pp. 195-224.
Jeffrey Garten, “Troubles Ahead in Emerging Markets,” in Garten, ed., World View, pp. 57-69.
The Developed Economies:Fostering Peace and the Virtual State? (October 19)
Richard Rosecrance, Rise of the Virtual State.
The Developed Economies:MNEs as a Constraint on National Policy Autonomy (October 24-26)
*Jan Hatzius, “Foreign Direct Investment and Factor Demand Elasticities,” European Economic Review 44 (2000):117-43, available through Duke electronic catalogue/Science Direct.
*Magnus Blomstrom, Gunnar Fors, and Robert Lipsey, “Foreign Direct Investment and Employment:Home Country Experience in the United States and Sweden,” National Bureau of Economic Research Work Paper #6205 (October 1997), and available on the web at http://papers.nber.org/papers/W6205.
*Helen Milner, “Resisting the Protectionist Temptation:Industry and the Making of Trade Policy in France and the United States During the 1970s,” International Organization 41 (Autumn 1987), pp. 639-666, and available on the web through Duke’s subscription to JSTOR.
*John Goodman, Deborah Spar and David Yoffie, “Foreign Direct Investment and the Demand for Protection in the United States,” International Organization 50 (Autumn 1996), pp. 565-591, and available on the web through Duke’s subscription to EBSCOhost.
Peter Katzenstein and Yutaka Tsujinaka, “Bullying, Buying, and Binding:U.S.-Japanese Transnational Relations and Domestic Structures,” in Thomas Risse-Kappen, Bringing Transnational Relations Back In, pp. 79-111.
*Peter Stone, “K Street Musters for the Middle Kingdom,” National Journal, March 25, 2000, available on the web through Duke’s subscription to Expanded Academic ASAP.
Nongovernmental Responses—Labor and Human Rights (November 7-9)
*Terry Collingsworth, J. William Gould, and Pharis Harvey, “Labor and Free Trade:Time for a New Deal,” Foreign Affairs 73 (January-February 1994), available on the web through Duke’s subscription to EBSCOhost.
*Debora Spar and David Yoffie, “Multinational Enterprises and the Prospects for Justice,” Journal of International Affairs 52 (Spring 1999), available on the web through Duke’s subscription to EBSCOhost.
*Peter Evans, “Fighting Marginalization with Transnational Networks:Counter-Hegemonic Globalization,” Contemporary Sociology 29 (January 2000), available on the web through Duke’s subscription to Proquest.
*Debora Spar, “Foreign Investment and Human Rights,” Challenge, January-February 1999, available on the web through Duke’s subscription to Proquest.
Regional Responses (November 14-16)
UNCTAD, World Investment Report 1999, pp. 115-126.
Mark Mason, Europe and the Japanese Challenge:The Regulation of Multinationals in Comparative Perspective, Introduction, chapters 1-3, 5.
International Responses (November 21)
UNCTAD, World Investment Report 1999, pp. 126-143.
Thomas Brewer and Stephen Young, “Investment Policies in Multilateral and Regional Agreements,” Transnational Corporations 5 (April 1996), pp. 9-36.
Elizabeth Smythe, “Your Place or Mine:States, International Organization, and the Negotiation of Investment Rules,” Transnational Corporations 7 (December 1998), pp. 85-120.
*Stephen Kobrin, “The MAI and the Clash of Globalizations,” Foreign Policy, Fall 1997, available on the web through Duke’s subscription to Extended Academic ASAP.