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Multinational Enterprises and Foreign Direct Investments


  • H. Gürak


The empirical evidence on the global economic performance since World War II indicates that the gap, in general, in the economic and technological fields between the few so-called Developed Countries (DCs) and the plenty Developing or Less Developed Countries (LDCs) has been continuously widening. Neither the popular import-biased economic growth strategy of 1950s and 1960s nor the highly praised export-biased growth models have been fully successful in transforming a LDC from the cadres of less development into the levels of welfare prevailing in Western industrialized countries.

Suggested Citation

  • H. Gürak, 2004. "Multinational Enterprises and Foreign Direct Investments," General Economics and Teaching 0404004, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpgt:0404004
    Note: Type of Document - doc; pages: 111

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    Foreign Direct Investment- Technology Transfer - Multinational Enterprises - Development;

    JEL classification:

    • A - General Economics and Teaching

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