This revised edition explores the economic and political challenges facing underdeveloped countries as they attempt to modernize and achieve sustainable growth. Eugene Staley examines the relationship between economic development and political stability, highlighting how social change, investment strategies, and international relations shape development outcomes. The book analyzes structural ba…
The continuous globalization of the world economy poses new challenges for the governance of economic activities. This is particularly the case in the area of foreign direct investment. Investment and trade liberalization have provided greater freedom to transnational corporations to organize their production activities across borders in accordance with their own corporate strategies and the co…