ABSTRACT

This conclusion presents some closing thoughts on the concepts covered in the preceding chapters of this book. The book illustrates the major strands of the theory of international production and the multinational enterprise. It also illustrates the usefulness of internalisation theory particularly for policy relating to political risk minimisation and joint venture, but is also useful in explaining the hierarchy of international construction companies. It suggests that some nationality contractors have been more successful than others because of the level of financial support they receive from their home government, and that UK contractors may be at a relative disadvantage in this respect because of the limited funds made available to them by the British government. UK construction firms contribute both directly and indirectly to the UK economy. UK contractors could generate interest in much of the world via ex-empire links.