La transizione strategica da attività internazionali a multinazionali: il modello di macro-sviluppo delle banche giapponesi

Abstract

The macro-developmental approach for explaining cross-border investment has been extended and refined, but the main emphasis in research has been in the manufacturing (real sector) industry. Despite the strategic importance of banking in economic development, there has been no corresponding economic emphasis and respective research. The sudden rise of Japanese banks in the capacity of multinationals in global finance from the 1970s is explored within a macro-developmental, stage-theoretic framework. JEL Codes: G21

Keywords

• Japanese banks
• cross-boarder investment
• global finance