The spillover effect of multinational companies has, historically,
been subject to much debate. The assumption that the host country
can be expected to enjoy spillovers - improvements in the balance
of payments, in the influx of foreign currency and in other sectors
of the economy not directly affected by the multinational - has not
necessarily been corroborated in practice. First published in 1989,
this book addresses this debate, and the very different conclusions
that can be drawn about spillovers. Reporting on significant
research on Latin America and drawing comparisons with findings
elsewhere, Foreign Investment and Spillovers provides students and
researchers with a truly international perspective.
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