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Commodities, Technology, and Trade: Transnational Corporations and Philippine Economic Development

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  • Charles W. Lindsey

    (Trinity College, Hartford, Connecticut)

Abstract

This paper assesses the impact of TNC investment on Philippine manufacturing in the areas of technology and skill, trade, and welfare. Based on the results of a questionnaire and interviews with managers of TNC-affiliated manufacturing firms, the following conclusions were reached: little technology is transferred; workers hired are among the more educated; skill development is halted; production is last-stage; local capital has difficulty competing with the [sic] products produced are generally accessible only to the affluent and aspiring middle class. Very little in the way of transition to export-manufacturing is occurring.

Suggested Citation

  • Charles W. Lindsey, 1989. "Commodities, Technology, and Trade: Transnational Corporations and Philippine Economic Development," Philippine Review of Economics, University of the Philippines School of Economics and Philippine Economic Society, vol. 26(1), pages 67-108, June.
    • Handle: RePEc:phs:prejrn:v:26:y:1989:i:1:p:67-108
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    File URL: http://pre.econ.upd.edu.ph/index.php/pre/article/download/276/429
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    Cited by:

    1. Cororaton, Caesar B. & Endriga, Benjamin & Ornedo, Derrick & Chua, Consolacion, 1995. "Total Factor Productivity of Philippine Manufacturing Industries," Philippine Journal of Development JPD 1995 Vol. XXII No. 2-, Philippine Institute for Development Studies.
    2. Blomstrom, Magnus & Kokko, Ari, 1997. "How foreign investment affects host countries," Policy Research Working Paper Series 1745, The World Bank.
    3. Simons, Alexandre, 2014. "How does technology transfer affect backward linkages? A motivating example theoretical analysis," Economic Modelling, Elsevier, vol. 42(C), pages 94-105.
    4. Yap, Josef T., 1999. "Trade, Competitiveness and Finance in the Philippine Manufacturing Sector, 1980-1995," Discussion Papers DP 1999-12, Philippine Institute for Development Studies.

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