TITLE

Multinationals as agents of Social development

AUTHOR(S)
Meier, Ricahrd L.
PUB. DATE
November 1977
SOURCE
Bulletin of the Atomic Scientists;Nov1977, Vol. 33 Issue 9, p30
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the role of multinational companies as agents of social development in developing countries. Developing countries look at multinational firms as a means to fasttrack their economic development. However, the industries brought by these multinationals, such as electronics and communications, are so fluid that it cannot be planned in a way which will engender social growth in a straightforward manner. Furthermore, capital-intensive development tend to favor ruling business elites of developing countries.
ACCESSION #
21639237

 

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