University
of Washington
Geography
349 (Geography of International Trade)
Professor
Harrington
Environments and Impacts of International Business
This
page is a guide through a series of notes that establish frameworks for
thinking about cultural, economic, political, and legal differences
across
countries. (As geographers, we realize that there's substantial
variation
within countries, as well). These notes also outline some
ways to think about the interaction between MNCs and home and host
countries.
Those of you interested in international business operations will find
it worthwhile to study all the notes linked here. For others,
I'll
place a row of asterisks (****) to the left of items I feel are
especially
important.
DEFINITIONS
INTERPRETATIONS AND RELATIONSHIPS
Managing across Cultural Differences (on-line
notes)
Managing in Different Political and Economic Environments
(on-line
notes)
-
****Study the matrix
of political and economic systems.
Cultural, Economic, and Legal Differences
****Impacts of IB (on-line
notes)
-
What are the alternative motivations for a
company
to engage in FDI?
-
Understand the balance-of-payments
implications of
inward FDI.
-
What are the potential losses to the origin
(home)
and destination (host) country of FDI?
****Negotiations Between MNCs and National
Governments (on-line
notes)
-
****What do national (and provincial)
governments
want from inward FDI? What do MNCs want from FDI?
-
****What circumstances gave the host-country
government
a strong negotiating position?
-
****What circumstances give the MNC a strong
negotiating
position?
-
What kinds of things need to be negotiated
between
MNC and host-country government?
copyright James W. Harrington, Jr.
revised 20 November 2006