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The rise of multinational corporations (MNCs) from emerging markets has been a major development during the last decade. An important feature of emerging market MNCs is their close relationship with home states. The book investigates this special kind of relationship and explores how it affects the cross-border activities of these corporations.

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PART I: GENERAL PERSPECTIVES 1. (Multi?)national Corporations and the State in Established Economies; John Mikler 2. Multinationals as an Instrument of Catch-up Industrialization: Understanding the Strategic Links between State and Industry in Emerging Markets; Terutomo PART II: COUNTRY STUDIES 3. South Korean Multinationals after the Asian Financial Crisis: Towards Liberal Capitalism?; Seung-il Jeong 4. Private Chinese Multinationals and the Long Shadow of the State; Andreas Nölke 5. Russia´s Multinationals: Network State Capitalism Goes Global; Jonas Grätz 6. Sector Creation and Evolution: The Role of the State in Shaping the Rise of the Indian Pharmaceutical Sectoral Business System; Heather Taylor 7. Financing the Expansion of Brazilian Multinationals into Europe: The Role of the Brazilian Development Bank (BNDES); Gilmar Masiero, Mario H. Ogasavaro, Luiz Caseiro and Silas Ferreira PART III: INTERNATIONAL INSTITUTIONS 8. How Policies shape Foreign Direct Investment: Examining Foreign Direct Investment from Latin America to the European Union; Judith Clifton, Daniel Diaz-Fuentes and Julio Revuelta 9. The Action-Reaction in the Global Trade: Comparing the Cases of Brazilian Chicken and Thai Tuna Industries; Suthikorn Kingkaew Conclusion: State Support for Emerging Market Multinationals; Andreas Nölke

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Louis Brennan, Trinity College Dublin, Ireland Luiz Caseiro, University of SÆo Paulo, Brazil Judith Clifton, University of Cantabria, Spain Daniel Díaz-Fuentes, University of Cantabria, Spain Silas Ferreira Junior, University of SÆo Paulo, Brazil Jonas Grätz, Center for Security Studies, Switzerland Seungil Jeong, Kookmin University, South Korea Suthikorn Kingkaew, Thammasat Business School, Thailand Gilmar Masiero, University of SÆo Paulo, Brazil John Mikler, University of Sydney, Australia Andreas Nölke, Goethe University, Germany Mario Henrique Ogasavara, Escola Superior de Propaganda e Marketing, Brazil Terutomo Ozawa, Colorado State University, Graduate School of Business at Columbia University, United States Julio Revuelta, University of Cantabria, Spain Heather L. Taylor, Goethe University, Germany

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