ABSTRACT
During the last years, we have witnessed a surge in multinational enterprises (Mnes) from outside the traditional triad ( Japan, North America, and Western Europe). This development has become one of the most interesting topics in the study of North–South relations in the international political economy, a study that has been pioneered by scholars such as Helge Hveem. In contrast to earlier times, foreign direct investment (Fdi) is no longer an activity of triad enterprises alone. More and more, companies from the former periphery are expanding, increasingly also by acquiring assets within the triad.
