CONTENTS

Editorial Statement and Notes

ARTICLES

Peter A. Petri
The regional clustering of foreign direct investment and trade


Terutomo Ozawa
Japan´s external asymmetries and assembly industries: lean production as a source of competitive advantage


Subramanian Rangan
Are transnational corporations an impediment to trade adjustment?


RESEARCH NOTES

Raymond Vernon
The economist´s role in research on transnational corporations: or why the dogs have barked so softly


BOOK REVIEWS

Just Published

Books Received