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Manufacturing discontent: National institutions, multinational firm strategies, and anti‐globalization backlash in advanced economies
Global Strategy Journal ( IF 7.393 ) Pub Date : 2020-01-21 , DOI: 10.1002/gsj.1369
Olivier Butzbach 1 , Douglas B. Fuller 2 , Gerhard Schnyder 3
Affiliation  

There is mounting evidence of a widespread popular backlash against globalization in advanced economies, which can hurt multinational companies' (MNCs) interests. In this article, we argue that MNCs are both “culprits” and “victims” of backlash against globalization. Building on the comparative capitalism literature, we argue that national institutions influence the likelihood of a backlash by either encouraging MNCs to embrace a “labor arbitrage” strategy consisting in tapping into cheap labor markets overseas or preventing them from doing so. Where institutional constraints lead firms to adopt an “upgrading” route of using domestic workers, popular backlash is less likely. Such institutional factors help to explain variation in the likelihood of backlash across countries. We also discuss the strategic options available to firms facing backlash.

中文翻译:

制造业不满:国家机构,跨国公司战略以及发达经济体的反全球化浪潮

越来越多的证据表明,发达经济体普遍反对全球化,这会损害跨国公司(MNC)的利益。在本文中,我们认为跨国公司既是反对全球化的“罪魁祸首”又是“受害者”。在比较资本主义文献的基础上,我们认为,国家机构通过鼓励跨国公司采用“劳动力套利”策略(包括进入海外廉价劳动力市场)或阻止它们这样做,从而影响了抵制的可能性。在制度上的约束导致公司采取“升级”的方式使用家政工人的情况下,民众的强烈反对的可能性较小。这些制度性因素有助于解释各国之间的抵制可能性的差异。
更新日期:2020-01-21
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