New Horizons in International Business series
Edited by Lorraine Eden and Wendy Dobson
Chapter 15: Issues on Governance, Multinationals and Growth: Thoughts on Method, Policy and Research Suggested by the Festschrift Papers
Richard G. Lipsey This paper arose out of my original task to be rapporteur for the conference in honour of Ed Safarian. At the suggestion of the organizers, I have not provided the usual summary report, which job I have left for them. Instead, I have elaborated on the comments I made at the conference. These are a set of more or less original observations that were suggested by the papers. I have grouped these into four distinct groups: issues of method and interpretation, issues for further research, general issues of policy, and speciﬁcally Canadian issues of policy. Although I touch on all the papers at some point in my comments, the amount of space I give to each is not a function of my assessment of their importance, but of what they suggested to me about the above four topics. Some of the papers provided muchneeded factual information of a descriptive or statistical sort. Although these added signiﬁcantly to our knowledge, they did not raise many issues related to the topics I have chosen. ISSUES OF METHOD AND INTERPRETATION Ed Safarian was never a builder of models for their own sake. He was interested in ﬁnding out how the world worked, always with an eye to shedding light on current policy issues, particularly as they arose in a small open economy such as Canada’s. If he was starting out today, he would no doubt couch some of his theorizing in more formal terms than he did, but...
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