United States Enterprise in the Less Developed Countries: Evaluation of Cost and Benefit

Raymond Vernon
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Raymond Vernon: Harvard University

Chapter 9 in The Gap Between Rich and Poor Nations, 1972, pp 215-244 from Palgrave Macmillan

Abstract: Abstract A striking phenomenon of the last decade has been the growth in the less developed countries of the subsidiaries of U.S. parent companies. Despite constant political excursions and alarums, despite repeated incidents of inflation and devaluation, the commitments proliferate and grow.

Keywords: Foreign Direct Investment; Host Country; Foreign Investment; Foreign Exchange; Multinational Corporation (search for similar items in EconPapers)
Date: 1972
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-15456-2_9

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DOI: 10.1007/978-1-349-15456-2_9

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