Foreign enterprise and forced divestment in LDCs

Abstract

The local subsidiary of a multinational corporation is both a national firm incorporated under host country law and a sub-unit of a centrally optimizing global system. This duality, which is inherent in the structure of foreign direct investment, produces potential benefits—such as resource transfers and access to markets—as well as costs—in terms of constraints on national economic control. Host governments utilize a variety of policies to “…increase the likelihood that the subsidiary will respond positively to the national policies of the host country rather than to the global strategy of the corporate family”— including expropriation or forced divestment of ownership.

Cite this work

No public copy is stored for this record, so only the metadata is cited.

Stored only when both papers are in the corpus — 233 citations exist upstream.

Papers that cite the same references — the relational fallback while embeddings are still backfilling.