4min chapter

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S5 Ep2: Development Dialogues: How can emerging economies break free from the sidelines of global trade?

VoxDev Development Economics

CHAPTER

The Complex Impact of Multinationals on Developing Economies

This chapter explores the dual role of multinational corporations in developing countries, discussing their impact on local firms and workers. It highlights the importance of industrial policy in attracting foreign investment while examining the implications for labor standards and the diffusion of knowledge.

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