Robert W. Cox

It is now generally accepted that the expansion of the multinational corporation is a major, perhaps the major, phenomenon of the international economy today. Large corporations with their headquarters in the United States, in other Western industrialized countries, and now increasingly in Japan as well, are expanding their activities both into industrialized countries, including the Soviet sphere, and into the less-developed world. Once heavily concentrated in mining and extractive fields, today it is the manufacturing activities of the multinationals that command growing attention.