Sociology
The political sociology of foreign direct investment
Document Type
Article
Abstract
Theory and research in sociology and political economy have revealed important elements of the structure of world capitalism, but its dynamics remain both more controversial and more opaque. This study uses quantitative cross-national regression analysis to analyze the determinants of Foreign Direct Investment (FDI) which originates in core (Organization for Economic Cooperation and Development) nations and is placed in noncore nations. Based on the theory of global capitalism, which contends that in a new stage of capitalism, First World manufacturing investment seeks Third World labor which is more docile and less costly than that in the older industrial regions, this study finds support for the hypotheses that labor control and, to a lesser degree, labor cost are determinants of FDI, net of level of development. © 1995 BRILL.
Publication Title
International Journal of Comparative Sociology
Publication Date
1-1995
Volume
36
Issue
3-4
First Page
198
Last Page
218
ISSN
0020-7152
DOI
10.1177/002071529503600306
Keywords
Foreign Direct Investment, global capitalism
Repository Citation
London, Bruce and Ross, Robert J.S., "The political sociology of foreign direct investment" (1995). Sociology. 81.
https://commons.clarku.edu/faculty_sociology/81