Titlebook: Capital beyond Borders; States and Firms in Kenneth P. Thomas Book 1997 Kenneth P. Thomas 1997 capital.government.growth.international rel

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Book 1997eories, beginning with Raymond Vernon‘s, claim that the bargaining power of host states should increase over time. This work shows the opposite is true, at least for the automobile industry in the industrialized world. The reason for this is the growing mobility of production, which undercuts host s

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2662-2483 ite is true, at least for the automobile industry in the industrialized world. The reason for this is the growing mobility of production, which undercuts host states‘ bargaining positions. Capital mobility is thus central to both firm-state relations and IPE generally.978-1-349-25474-3978-1-349-25472-9Series ISSN 2662-2483 Series E-ISSN 2662-2491

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https://doi.org/10.1007/978-3-642-31387-5d New York, and in Canada. I also analyse the use of capital mobility to threaten workers with disinvestment in order to secure concessions. As capital mobility rises, we find that the level of investment incentives given to the firms rises as well, and that the threat of closure was increasingly directed at workers.

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malapropism

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