The spillover effect of multinational companies has, historically, been subject to much debate. The assumption that the host country can be expected to enjoy spillovers – improvements in the balance of payments, in the influx of foreign currency and in other sectors of the economy not directly affected by the multinational – has not necessarily been corroborated in practice. First published in 1989, this book addresses this debate, and the very different conclusions that can be drawn about spillovers. Reporting on significant research on Latin America and drawing comparisons with findings elsewhere, Foreign Investment and Spillovers provides students and researches with a truly international perspective.
Table of Contents
List of Figures and Tables; Preface; Acknowledgements; 1. Introduction 2. A Comparison of the Performance of Foreign and Domestic Firms in Mexico 3. Labour Productivity Differences Between Foreign and Mexican Firms 4. Foreign Investment and Spillover of Efficiency 5. The Nature of Spillovers 6. Multinationals and Market Structure in Mexico 7. Summary and Some Suggestions for Future Research on Spillovers; Notes; References; Index