Multinationals in Latin America

Multinational enterprises are particularly strong in Latin America and sensitive to political and economic changes there - the currently emerging debt crisis is likely to have far-ranging effects. This book considers multinationals in Latin America, both those from inside and those from outside the region, and discusses the major issues relating to them, e.g. trans-national regulation and the government/business relationships. It sets the discussions against the background of other work and theories of multinational enterprise. Novel features include the development of the author's bargaining theory of multinational enterprise and the attempt to create a systematic method for evaluating MNE acceptability for host governments (an important consideration since the relationship between multinationals and governments, particularly the way a government perceives a multinational, is crucial). The book concludes by assessing current trends and likely future developments.

Section I : The Factual & Conceptual Base 1. A History of MNE activities in Latin America 2. Theories of Multinational Business 3. Current Trends in Multinational Business. Section II : The Regulatory & Economic Environments 4. The Government/Business Relationship in Latin America 5. Costs & Benefits of MNEs: A Case of Venezuela 6. Trans-national Regulation: The Andean Pact's Decision 24 7. The Latin American Debt Crisis. Section III : Managerial Issues 8. MNE Strategies in Latin America 9. Strategy and Structure in Peru 10. Financial Transfers in the MNE: The Latin American Case. Section IV : Some Illustrations of MNEs in Latin America 11. The Chemical Industry in Latin America 12. State-Owned Multinational Enterprises 13. Looking Ahead