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A perspective from the MNE Declaration to the present : mistakes, surprises, and newly important policy implications

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  • Moran, Theodore H.

Abstract

Focuses on multinational enterprise (MNE) direct investment in manufacturing and assembly, i.e. the globalization of industry via foreign direct investment, with some references to FDI in services as well. Argues that MNE investment can be a powerful force to create employment and decent work. It reviews how some developing countries have been able to harness MNE investment to move into increasingly sophisticated higher-skilled manufacturing activities, with backward linkages and spillovers that benefit host countries, firms and workers. It also reviews the policies that countries have put in place to achieve these results.

Suggested Citation

  • Moran, Theodore H., 2008. "A perspective from the MNE Declaration to the present : mistakes, surprises, and newly important policy implications," ILO Working Papers 994176173402676, International Labour Organization.
  • Handle: RePEc:ilo:ilowps:994176173402676
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    References listed on IDEAS

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    8. Gomes-Casseres, Benjamin, 1989. "Ownership structures of foreign subsidiaries : Theory and evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 11(1), pages 1-25, January.
    9. Theodore H. Moran & Edward M. Graham & Magnus Blomstrom, 2005. "Does Foreign Direct Investment Promote Development?," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 3810.
    10. Lipsey, Robert E & Weiss, Merle Yahr, 1984. "Foreign Production and Exports of Individual Firms," The Review of Economics and Statistics, MIT Press, vol. 66(2), pages 304-308, May.
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    12. Feenstra, Robert C. & Hanson, Gordon H., 1997. "Foreign direct investment and relative wages: Evidence from Mexico's maquiladoras," Journal of International Economics, Elsevier, vol. 42(3-4), pages 371-393, May.
    13. Edward M. Graham, 2000. "Fighting the Wrong Enemy: Antiglobal Activists and Multinational Enterprises," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 91.
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