Is the transnational coporation (TNC) an engine of growth capable of eliminating international economic inequalities or a major obstacle to development through a massive drain of surplus to advanced countries? This book presents five different perspectives on the role of TNCs:
The author looks at their effect on local labour and capital, and considers the future prospects for TNC involvement in the Third World. The book provides an excellent comparative analysis of TNCs and will appeal to students in development studies and international economics.
List of Tables. Figures. Series Editors’ Preface. Preface. 1. Transnational Corporations: Significance and Growth. 2. Theoretical Perspectives on the Transnational Corporation. 3. Transnational Corporations, Competition and Monopoly. 4. Transnational Corporations and Technology. 5. Capital Flows, Accumulation and the Balance of Payments. 6. Transnational Corporations and Labour. 7. Transnational Corporations and Local Capital in the Third World. 8. Transnational Corporations and the State. 9. Conclusion. Glossary. Bibliography. Index.