Dislodging Multinationals

Why have some countries succeeded in dislodging multinational corporations from domestic industries while others have not? In an innovative response to this central question in political economy, Dennis J. Encarnation examines the critical case of India over the past forty years. Arguing that India's extraordinary success in supplanting multinationals from one domestic industry after another contradicts the experiences of other newly industrializing countries, Encarnation brings meticulous data to bear on the ongoing theoretical debate about the usefulness of bargaining and dependency approaches to the question of national control within an international capitalist system.

Dennis J. Encarnation is Associate Professor at the Graduate School of Business Administration, Harvard University.