This volume investigates the specific role of transnational corporations in the process of globalization and economic development. While it draws on a long history of academic research, it also shows new ways forward. It makes headway both in conceptual as well as empirical terms. Topics covered include locational clustering, research and development partnering, productivity spillovers, privatization, disinvestment, terrorism, and the role of and impact on transnational corporations. A future research agenda is also put forward.

Nearly two hundred years have passed since the birth of Karl Marx and continuing to this day the influence of his economic views, insights and theories can still be felt. However, since the publication of Das Kapital, the scientific community has not been sitting idle- it is time to evaluate Marx as an economist and explore what he can bring to modern economic thinking, particularly post-Keynesian economics.

Starting with Marx s schemes of reproduction, which, it is shown, are the basis of the linear model of production as used since the 1960s by Piero Sraffa, Michio...