A careful blend of presentation and critical evaluation of a wide range of theories on transnational corporations with a balanced discussion of their effects. Preface, Acknowledgements, Agents and Trends, The Internationalization Process: Agents and Conditions, Trends in Internationalization, Theories, Marxist Approaches, Classical Writers on Imperialism, The Realization Problem Back in Fashion, Some Recent Marxist Approaches, The Neo-Classical Paradigm, Foreign Investment within the Neo-classical Paradigm, Prevalent Theories, Foreign Investment and Market Imperfections: The Hymer and Kindleberger Approach, The Product Life Cycle and Foreign Direct Investment, Currently Areas and Foreign Direct Investment, Internationalization as an Explanation for International Production, Dunning's Eclectic Approach, Strategic Approaches, Oligopolistic Reactions as an Explanation for Foreign Direct Investment, Effects, Methodological Issues, Multinational Domination of National Economies, Notes, Bibliography, Index.