Like Matter Out of Space
...my Sussex supervisor said this to me today here in Estonia. Its strange where people meet and how small the world sometimes is. Buy the way, his ancestors were originally from Saaremaa (the island I spent most of my youth years) and emigrated from there somewhere in the 1830s. Some people must have been very unsatisfied with their lives, because they practically moved to the other side of the globe- New Zealand. Why there? Well, this was the thing he didn't tell me…
Nick was here in Tartu today because of a PhD thesis presentation he was supervising. It was Karin’s PhD paper, which she defended in the University of Tartu and its Department of Economics. The thesis was about “The Impact of the Autonomy on the Performance in a Multinational Corporation’s Subsidiary in Transition Countries”. Covering many aspects of the story, she stated amongst many points that subsidiary autonomy is a little bit bigger in countries, which have achieved higher economic success/growth. Also, and which I find very interesting: multinational companies strategically have to choose between strategies derived from the market size of the host economy, thus having its implications on the autonomy of a subsidiary.
Developing this latter point a little bit further, what are the policy implications for a small country like Estonia? What constraints does that set for us when attracting FDI? Basically, this is what I will hopefully talk about in one of my spring term essays. Briefly, as economic history has shown it is extra important for a small country to develop a specific economic set up and to find a MNC to fit into that local set up.
Nick was here in Tartu today because of a PhD thesis presentation he was supervising. It was Karin’s PhD paper, which she defended in the University of Tartu and its Department of Economics. The thesis was about “The Impact of the Autonomy on the Performance in a Multinational Corporation’s Subsidiary in Transition Countries”. Covering many aspects of the story, she stated amongst many points that subsidiary autonomy is a little bit bigger in countries, which have achieved higher economic success/growth. Also, and which I find very interesting: multinational companies strategically have to choose between strategies derived from the market size of the host economy, thus having its implications on the autonomy of a subsidiary.
Developing this latter point a little bit further, what are the policy implications for a small country like Estonia? What constraints does that set for us when attracting FDI? Basically, this is what I will hopefully talk about in one of my spring term essays. Briefly, as economic history has shown it is extra important for a small country to develop a specific economic set up and to find a MNC to fit into that local set up.
posted by Oliver at 9:51 PM
3 Comments:
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