In 1987 and 1997 South Korea's industrial relations system was twice liberalized. First, there was the transition toward free collective bargaining; and second, the practice of paying striking workers was generally discontinued. (KSSL/DÜI-NIAS)

Using the Benchmark and Annual Surveys of U.S. Direct Investment Abroad collected by the Bureau of Economic Analysis, the authors examine the operations of U.S. multinational corporations (MNCs) in seven manufacturing industries and twenty-two countries over the years 1982-91. They analyze how...