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Multinationals and Development$
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Alan M. Rugman and Jonathan P. Doh

Print publication date: 2008

Print ISBN-13: 9780300115611

Published to Yale Scholarship Online: October 2013

DOI: 10.12987/yale/9780300115611.001.0001

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(p.200) Chapter 10 Conclusions
Multinationals and Development

Alan M. Rugman

Jonathan P. Doh

Yale University Press

This chapter presents concluding remarks on the impact of MNEs on host country development and discusses how although MNEs unambiguously contribute to the economic development of nations, the distribution of those benefits may vary. MNEs bring foreign direct investment, transfer technology, increase national income, provide more skilled jobs, pay taxes, and otherwise contribute to the overall macroeconomic growth of host economies. It is also determined that MNEs from emerging economies build on the improved macroeconomic infrastructure created by foreign MNEs. The chapter reveals that MNEs from the advanced triad economies of Europe, North America, and the Asia-Pacific region serve to foster the development and growth of poor economies. It is also argued that as a result of this improved macroeconomic infrastructure, the emerging economies generate their own MNEs, thus further enhancing their growth and prosperity.

Keywords:   multinational enterprises, economic development, investment, technology, macroeconomic growth

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