This book advances the debate on socio-economic development and multinational corporations (MNCs). It provides an actor-centered perspective and develops the framework called 'Conflating Capitalisms' that allows for a better understanding of both MNC-induced institutional change in the host country and the subsequent impact on local development.The book uses the empirical case of Western MNCs in Latin America. It applies a sequential mixed-method design, including a large-scale elite survey on corporate behavior and in-depth, semi-structured interviews with local decision-makers on the institutionalization of German dual vocational training (DVT) in Brazil. The book presents strong evidence for both behavioral contradiction in the host country - with MNCs showing alien-to-the-system behavior - and subsequent actor-induced institutional change, with varied developmental impact. Additionally, the book offers novel insights into MNCs' handling of missing complementary institutions and the institutionalization process of coordinated practices in Latin America.

This book appeals to scholars, students, and practitioners who are interested in advancing the field of development and MNCs.

Autorentext

Moritz Kappler is a senior researcher with the European Union's Horizon 2020 TiGRE project and lecturer of political economy, microeconomics, and international business. He holds a PhD and has international working experience as a researcher and advisor in top-level institutions in, particularly, Germany, the UK, Argentina, and Colombia. His major research interests are trust in cooperative regimes and institutional dynamics in a socio-economic organization and their impact on development.

Inhalt

Chapter 1. Introduction.- Chapter 2. Point of Departure.- Chapter 3. Actor Specificities and the Types of Economic Organization.- Chapter 4. Transcending Borders and Institutional Dynamics.- Chapter 5. Conflating Capitalisms: Western MNCs in Latin America.- Chapter 6. The Action Situation and Behavioral Patterns - A Quantitative Approach.- Chapter 7. Institutional Contradiction and Actor-induced Institutional Change: German Dual Vocational Training in Brazil (and Mexico) - A Qualitative Approach.- Chapter 8. Summary and Concluding Remarks.