Shield of Nationality
"Shield of Nationality" by Rachel L. Wellhausen, published by Cambridge University Press in 2016, offers a comprehensive analysis of the intricate relationship between multinational corporations and governments in developing countries. This insightful 286-page paperback delves into the reasons behind governments' decisions to expropriate foreign-owned properties, challenging the prevalent notion that global capital has the ultimate authority. Wellhausen introduces a critical new factor: the nationality of multinational corporations, positioning it as a significant source of political risk. This book is essential for anyone interested in understanding the dynamics of commercial policy, international business, and investments in emerging markets. Gain a fresh perspective on these crucial issues with Wellhausen’s engaging and well-researched narrative that helps illuminate the complex landscape of business enterprises today.