This timely volume examines various economic, managerial, social and political aspects of globalization and its impact on local economies. State-of-the-art analytical models and original empirical research is used to understand four key and interrelated facets of globalization; a cents To understand the prospects and the problems of international business and MNCs in the global economy. a cents To analyze globalization as a process of change. a cents To understand the new roles of nation states in light of the above. a cents To articulate the uneasy idea that globalization has resulted in...