Multinational corporate product strategy, spatial diversification and nationalisation: A Guyanese comparison

The imlications of corporate product strategy and spatial structure for nationalisation by developing countries have been neglected. Corporate spatial diversification to reduce the importance of the target field unit in the corporate system is an important pre-requisite of frictionless divestment. But Guyanese nationalisation suggests that even after spatial diversification a vertically integrated, dominant product strategy confers less divestment capacity than a diversified, multi-product strategy. The product strategy classification used here may provide the necessary framework within which to explain the locational behaviour of multinational corporations.