Industrial Policy and the Structural Impact of Multinational Firms: An Analytical View
In spite of all attempts and recommendations to prevent conflicts and come to more acceptable solutions, there is a growing concern about the relationship between the multinational company and the nation state acting as a host country. Not only do most underdeveloped countries fear the overwhelming influence of large firms but even governments of advanced countries are increasingly thinking of what can be done to prevent foreign multinationals controling too large a share of their national economy. The present state of the world economy, which is characterized by increased nationalism, gives additional support to these fears.
KeywordsMarket Share Host Country Foreign Firm Industrial Policy Multinational Company
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