This book challenges the widely accepted notion that globalization encourages economic convergence--and, by extension, cultural homogenization--across national borders. A systematic comparison of organizational change in Argentina, South Korea, and Spain since 1950 finds that global competition...

Since 1995, two Spanish banks - Banco Santander Central Hispano (BSCH) and Banco Bilbao Vizcaya Argentaria (BBVA) - have become the largest retail banks in Latin America. This recent development merits careful analysis because foreign direct investment is rare in retail banking. The finding is...