Multinational Enterprises and Foreign Direct Investments

H. Gürak ()

General Economics and Teaching from EconWPA

Abstract: The empirical evidence on the global economic performance since World War II indicates that the gap, in general, in the economic and technological fields between the few so-called Developed Countries (DCs) and the plenty Developing or Less Developed Countries (LDCs) has been continuously widening. Neither the popular import-biased economic growth strategy of 1950s and 1960s nor the highly praised export-biased growth models have been fully successful in transforming a LDC from the cadres of less development into the levels of welfare prevailing in Western industrialized countries.

Keywords: Foreign; Direct; Investment-; Technology; Transfer; -; Multinational; Enterprises; -; Development (search for similar items in EconPapers)
JEL-codes: A (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-his and nep-ifn
Date: 2004-04-25
Note: Type of Document - doc; pages: 111
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Persistent link: http://EconPapers.repec.org/RePEc:wpa:wuwpgt:0404004

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