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Contributors. Preface. Part I: Globalization and Developed Economies.Globalization and international competitiveness (D. Salvatore). Internationaltrade and FDI: the interface (H.P. Gray). Regional trade blocks and foreigndirect investment flows and stocks (P. Collins). The European internal marketand inbound foreign direct investment (J.H. Dunning). Economic policy, MNEcompetitiveness and local content: an application of the Lecraw Morrisonframework (V.A. Taylor). Outward direct investment orientation, structuraladaptability and economic revival: a case study of New Zealand (S. Castello).Part II: Globalization and Developing Economies. Some consequences ofglobalization for developing countries (E. Gundlach, P. Nunnenkamp).Determinants of outward Taiwanese foreign direct investment 1965-93(Yingshing Lin, M. Szenberg). Determinants of inter-Asian direct investmentflows (M. Kreinin et al.). Trade and production networks of US MNE's andexports by their Asian affiliates (R.E. Lipsey). Foreign direct investment inGhana's emerging market economy (K. Afriyie). Impact of trade and investmentpolicies on economic transformation in East Asia, the Middle East and LatinAmerica (M.R. Zaman). Third world multinationals revisited: new developmentsand theoretical implications (J.H. Dunning et al.). Author index. Subjectindex.