Transnational Corporations and UnderdevelopmentDo investments by multinational corporations in less developed countries enhance or hinder economic development in those countries? This volume presents a re-evaulation of twenty-seven of the most important studies which were carried out to answer this question. The authors attempt to resolve the disparate findings which show that investment promotes short-run growth but in the long run retards growth. They also present a careful empirical analysis of the intervening political, social, and economic mechanisms through which the effects of investment are transmitted. The volume will clarify much speculation which has taken place about the world-systems perspective and will point the way toward more research which can resolve disputed areas of this theory. |
Contents
AND UNDERDEVELOPMENT | 22 |
TRANSNATIONAL FIRMS | 35 |
MEASURES AND METHODS OF STUDY | 55 |
Copyright | |
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Transnational Corporations and Underdevelopment Volker Bornschier,Christophe C. Dunn No preview available - 1985 |
Common terms and phrases
analysis analyzed average Berweger and Hoby Bornschier 1975 Bornschier and Ballmer-Cao Brazil capitalist world-economy Cardoso Chase-Dunn commodities competitive core countries core/periphery cross-national dependency theory dependent industrialization dependent variable division of labor Dolan and Tomlin domestic market economic development economic growth effect of penetration effect of transnational empirical Equation exports findings foreign capital foreign direct investment foreign investment Gini index GNP per capita growth rate hypothesis important increase interaction intervening variable KFDI larger less developed countries level of development level of economic manufacturing measure Meyer-Fehr negative effect organizational penetration by transnational penetration on economic percent period peripheral countries personal income inequality political positive production redistribution relative Rubinson sectors significant social South Korea spatio-economic spatioeconomic hierarchy stock of foreign structure studies Table transnational corporate penetration transnational firms transnational penetration U.S. dollars underdevelopment Weede and Tiefenbach World Bank world division world market world-system