Commodities, Technology, and Trade: Transnational Corporations and Philippine Economic Development

Charles W. Lindsey
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Charles W. Lindsey: Trinity College, Hartford, Connecticut

Philippine Review of Economics, 1989, vol. 26, issue 1, 67-108

Abstract: This paper assesses the impact of TNC investment on Philippine manufacturing in the areas of technology and skill, trade, and welfare. Based on the results of a questionnaire and interviews with managers of TNC-affiliated manufacturing firms, the following conclusions were reached: little technology is transferred; workers hired are among the more educated; skill development is halted; production is last-stage; local capital has difficulty competing with the [sic] products produced are generally accessible only to the affluent and aspiring middle class. Very little in the way of transition to export-manufacturing is occurring.

Date: 1989
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