Palgrave Economics & Finance Collection

Third world states apply alternative development strategies in their struggle to benefit from a changing international division of labour. Multinationals play key roles in both the new internationalisation of capital and in the new third world development strategies. In order to capture the complex interaction among multinationals, development strategies and class alliances as well as their impacts on development, Alschuler here offers a new conceptual framework which incorporates features of dependency theory and world system analysis.