John Dunning is undoubtedly the world's leading scholar on the subject of multinational corporations and international business. This collection of original essays is designed to honor this work, particularly his achievements during his association with Rutgers University

The U.S. dollar has served as the key currency of the international economic/financial system for over fifty years. This study assesses the proposition that the series of U.S. current-account deficits over the last twenty years will shortly exhaust the capability of the dollar to continue as the...

Singh’s arguments against the creation of a laissez-faire system governing international flows of foreign direct investment are broadened to recognize the implications for a laissez-faire system of the lesser degree of economic sophistication of host governments in developing countries. Given a...