INTRODUCTION Introducing Southern Multinationals and their Impact on Europe QUANTIFYING THE EMERGENCE OF SOUTHERN MULTINATIONALS The Rise of TNCs from the South The Emergence of Southern Multinationals and their Impact on Europe SOUTHERN MULTINATIONALS FROM A HOME COUNTRY PERSPECTIVE Europe in the internationalization strategies of the Multilatinas Internationalization of China’s Enterprises and Its Implications for Europe Characterizing the patterns of inward and emerging outward FDI in Hungary Erzsébet Czakó The Westwards Expansion of Russian Multinationals Multinationals from Slovenia – Nano Size, but Giga Important SOUTHERN MULTINATIONALS FROM A HOST COUNTRY/REGION PERSPECTIVE Chinese and Indian Firms in Europe: Main Characteristics and Presumed Impacts Chinese and Indian multinationals in Denmark — Is there Anything Special about Them? Chinese Outward Direct Investment in Europe and Belgium: Characteristics and Policy Issues The European Union, Southern Multinationals and the Question of the ‘Strategic Industries’ The Emergence of SWFs and the European Perspective INNOVATIVE PERSPECTIVES ON SOUTHERN MULTINATIONALS Exploring the Configuration of Emerging Country Multinationals – A Value Chain Perspective Cadre-Capitalism Goes Global: Financial Market Reforms and the New Role for the People’s Republic of China in World Markets IMPLICATIONS FOR THEORY AND THEORY DEVELOPMENT Internationalization Strategies of Firms from Emerging Economies: Is there a Strong Case for Theoretical Extension? Indian Multinationals, Comparative Capitalism and Implications for Global and Host Country Economic Institutions The Impact of Financial Strategy on Internationalisation of EMNCs – a Neglected Factor? A Southern Multinational and an Emerging European State in Entry Bargaining Process CONCLUSION Sothern Multinationals and their Impact on Europe: What have we Learnt?

DR. LOUIS BRENNAN Associate Professor in the School of Business at Trinity College Dublin, Ireland, and a Research Associate of the Institute for International Integration Studies at Trinity College. He is also the co-founder and Director of the Global Business Systems Centre at Trinity College. Louis has lived and worked in America, Asia and Europe. He was the proposer of and currently serves as chair of EU COST Action IS0905 on the emergence of southern multinationals and their impact on Europe.