The theory of the transnational corporation is now a topic of central importance to economics. Transnational corporations play an increasingly important role in the world economy, and their enormous size and power make them a subject of great interest and concern to consumers, producers, nation states and international organizations as well as to researchers. Christos Pitelis and Roger Sugden have brought together leading theorists in this area to present a wide variety of perspectives on the nature of the transnational firm. The volume is unique in that it incorporates both orthodox and radical theories, providing new insights and suggesting areas of potential development. With its emphasis on a wide-ranging approach to the theory of the transnational firm, the book will be immensely helpful to everybody interested in the topic, students and professional economists alike.