Tomeki
Cover of A prism on globalization

A Prism on Globalization

Corporate Responses to the Dollar

By Subramanian Rangan,Robert Z. Lawrence

0 (0 Ratings)
0 Want to read0 Currently reading0 Have read

Publish Date

July 1999

Publisher

Brookings Institution Press

Language

eng

Pages

120

Description:

"The unprecedented shifts in the U.S. dollar's exchange rate that started during the late 1970s and continued through the 1980s provide an ideal opportunity to explore how the global economy works and the role that multinational enterprises (MNEs) play in the phenomenon of globalization. In this book, Subramanian Rangan and Robert Z. Lawrence examine the international pricing, sourcing, and trade responses of MNEs to shifts in the dollar. Based upon the micro patterns they observe in MNE behavior, the authors suggest explanations for some puzzling macro patterns evident in our international economy. They conclude that the global integration of markets remains incomplete due to informational and other important discontinuities, and they refute stereotypes which portray multinational firms as either footloose or inflexible."--Jacket.