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Economic Impact of MNC on Development of Developing Nations

Author : Ondabu Ibrahim
Publisher : LAP Lambert Academic Publishing
Page : 68 pages
File Size : 19,29 MB
Release : 2015-07-14
Category :
ISBN : 9783659579745

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This study aimed at critically studying the impact of multinational corporations on the development of developing countries taking Kenya as a reference developing country. Its focus was centered on shall employment creation, poverty and dependency reduction and foreign direct investment. The study was geared towards the historical background of global investments while tracing their evolution from small businesses to their giant investments that today their massive capital is a real threat to the nation when issues of capital flight fall due. The study was conducted at Nairobi's General Motors Corporation and with a sampling frame being all those multinational corporations whose Head Quarters are located in Nairobi Kenya region. The study is important to policy makers in deciding whether to continue depending upon multinational corporations which result in eventual capital flight or to nurture the local companies for sustainable development. The study is based upon the empirical literature of theories of international business and an empirical review of studies conducted on multinational corporations. The research adopted a descriptive research design.

Multinational Corporations and Local Firms in Emerging Economies

Author : Eric Rugraff
Publisher : Amsterdam University Press
Page : 279 pages
File Size : 40,53 MB
Release : 2011
Category : Business & Economics
ISBN : 9089642943

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In order for foreign direct investment to have deep and lasting positive effects on host countries, it is essential that multinational corporations have close direct and indirect interaction with local firms. A valuable addition to the emerging literature on multinational-local firm interfaces, this book provides a number of case studies from emerging economies that examine such mutually beneficial business relationships and the policy measures necessary to support them.

Global Goliaths

Author : James R. Hines
Publisher : Brookings Institution Press
Page : 585 pages
File Size : 45,75 MB
Release : 2021-04-20
Category : Business & Economics
ISBN : 0815738560

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How multinationals contribute, or don't, to global prosperity Globalization and multinational corporations have long seemed partners in the enterprise of economic growth: globalization-led prosperity was the goal, and giant corporations spanning the globe would help achieve it. In recent years, however, the notion that all economies, both developed and developing, can prosper from globalization has been called into question by political figures and has fueled a populist backlash around the world against globalization and the corporations that made it possible. In an effort to elevate the sometimes contentious public debate over the conduct and operation of multinational corporations, this edited volume examines key questions about their role, both in their home countries and in the rest of the world where they do business. Is their multinational nature an essential driver of their profits? Do U.S. and European multinationals contribute to home country employment? Do multinational firms exploit foreign workers? How do multinationals influence foreign policy? How will the rise of the digital economy and digital trade in services affect multinationals? In addressing these and similar questions, the book also examines the role that multinational corporations play in the outcomes that policymakers care about most: economic growth, jobs, inequality, and tax fairness.

Multinationals and Economic Development

Author : James C. W. Ahiakpor
Publisher : Taylor & Francis
Page : 117 pages
File Size : 27,80 MB
Release : 1990
Category : Business & Economics
ISBN : 0415022827

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Multinationals dominate world trade and direct investment. However, less developed countries have often regarded this power as detrimental to their fragile, growing economies and have pursued a policy of regulation. Modern economic theories of multinationals need to evaluate the effects of such policies.

Multi-National Corporations and Third World Development

Author : Pradip K. Ghosh
Publisher : Greenwood
Page : 510 pages
File Size : 19,79 MB
Release : 1984-09-25
Category : Business & Economics
ISBN :

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Articles on the influence of multinational enterprise on economic and social development in the developing countries - examines the effects of MNEs on economic growth, industrial restructuring, employment creation, technological change, consumption patterns, etc.; discusses their role in world trade and the New International Economic Order; reviews patterns of government policy (incl. Economic policy) towards MNEs in the developing countries; includes a directory of information sources and an annotated bibliography. Graphs, references, statistical tables.

Multinational Corporations and Global Poverty Reduction

Author : Subhash C. Jain
Publisher : Edward Elgar Publishing
Page : 472 pages
File Size : 21,75 MB
Release : 2006
Category : Business & Economics
ISBN :

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Argues that multinational corporations have contributed and can continue to contribute enormously to the reduction of global poverty.

The Role of Multinational Corporations in Shaping Economies

Author : Caroline Mutuku
Publisher : GRIN Verlag
Page : 16 pages
File Size : 46,77 MB
Release : 2018-06-20
Category : Business & Economics
ISBN : 3668731748

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Research Paper (undergraduate) from the year 2018 in the subject Business economics - Investment and Finance, grade: 1.4, , language: English, abstract: It seems most developing countries have realized the immense benefits associated with Multinational Corporations (MNC’s), especially with regard to the productivity of the firms in the host country. In the past decades, there has been an unprecedented debate over whether multinational corporations yield economic benefits to the host countries but, that argument appear to have varnished after a comprehensive evaluation of different elements of multinational corporations. Currently, most countries are attracting multinational corporations to reap the accrued benefits, especially through Foreign Direct Investment, which has proven to boost the host country’s economy through enhancing productivity. Some of the principal reasons as to why multinational corporations are considered beneficial to the host countries include technology transfer, creation of new job opportunities and the inflow of capital from the MNC’s parent company to its subsidiaries in the host country. Foreign Direct Investment (FDI) is known to be one of the principal drivers of productivity in the host countries because it enhances technological transfer, which in turn yields enormous benefits to the host country and the parent company. In most cases, host countries access superior technology through technological spillovers and, this enhances the productivity of the local firms. Campos states, “In addition, host country firms may obtain other potential productivity spillovers that the presence of MNC could generate on suppliers and customer.” Concisely, there are different ways in which multinational corporations enhance productivity of the firms. Therefore, this research will give an overview on the impact of multinational corporations on productivity.

The Impact of MNC Investments in Malaysia, Singapore & Thailand

Author : Suresh Natarajan
Publisher : Institute of Southeast Asian
Page : 81 pages
File Size : 17,17 MB
Release : 1992
Category : Business & Economics
ISBN : 9813016280

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The book provides an understanding of the trend of MNC investments in ASEAN especially in Malaysia, Singapore and Thailand. It presents a case showing that contrary to some popular beliefs, MNC investments benefitted the host countries. In particular, industrialization of the host countries was given a boost. A detailed analysis is also provided on various critical factors which MNCs consider in their investment decisions. These include labour supply and manpower development, infrastructure, and so forth.

Managing Risk in Developing Countries

Author : Barbara C. Samuels
Publisher : Princeton University Press
Page : 272 pages
File Size : 36,4 MB
Release : 2014-07-14
Category : Business & Economics
ISBN : 1400851548

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In light of the increasing global competition among both multinational companies and national economies, Barbara Samuels examines a source of economic tension that has broad social implications: as multinational companies (MNCs) strive for cheaper labor and new markets, less-developed countries (LDCs) are becoming more concerned with extracting benefits from these companies to achieve their development objectives. Samuels centers her study on the variables shaping the responses of MNCs to national demands while considering current debates on country risk, global competitiveness, and national industrial policy. Advancing a micro-view of the MNC and its host country in two case studies, Samuels shows how an MNC subsidiary's integration with headquarters and its closeness with local government affect its management of risk and its ability to deal with LDC demands. Here the author investigates the labor and investment policy changes brought about when various automotive subsidiaries interacted with national interest groups in Brazil and with the government in Mexico. Both cases illustrate how the policy response of one subsidiary creates the dynamics for defensive policy changes of its competitors. MNC managers and LDC policymakers can draw important conclusions. Originally published in 1990. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Multinational corporation and third world development

Author : Dingha Ngoh Fobete
Publisher : GRIN Verlag
Page : 16 pages
File Size : 41,72 MB
Release : 2008-09-24
Category : Business & Economics
ISBN : 3640175328

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Research Paper (postgraduate) from the year 2005 in the subject Economics - International Economic Relations, grade: 2, University of Kassel, language: English, abstract: Multinational Corporations (MNC) are important transitional agents in the contemporary global political economy. Although they can be viewed as economic actors following the logic of international market, their activities inevitably arouse questions of national power. Not surprisingly, such questions are most pronounced in the study of developing countries where weak government and societies potentially give the MNC strong bargaining position. Thus, the nature of their relationship between developing countries and the implication of this relationship for economic growth remains highly controversial. How ever, proponents of MNC posit in the past that MNC have made important contribution to developing countries. This interaction between MNCs and third world economy has led to a profound relationship whose impacts are enormous. Although many scholars have written more on the impact of MNC on host less developed countries, the most important question is, Do foreign firms behave differently from locally owned firms and if so what are their implication? Multinational corporations are one of the main conduits through which investment is channelled and their evolution has reflected broader developments (OECD 2003). This impact however will be examined from the negative and positive impact gearing towards the development of third world. However it is imperative to examine the characteristics of developing countries as well as some objectives of Multinational Corporations (MNC).