This article looks at business and society on the transitional periphery from a starting point rooted in the international business literature. Many transitional periphery countries have rich natural resource endowments or prosperous diasporas, making it relatively easy to attract inward FDI, chronic institutional weaknesses and policy failures notwithstanding. At the same time, such windfalls may dilute incentives for institution building or reform. We review trends emerging from the most recent scholarly work in the area, and highlight potential research agendas for the future.
- transitional periphery
- international business and transnational corporations
- international business enterprises
- foreign direct investment (FDI)