Developing Countries and Multinational Corporations

Effects on Host Countries' Welfare and the Role of Government Policy

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Problems in Formulating and Implementing Policy

We have, throughout this paper, laid enormous stress on the role of the government, in finding out what is conducive to social welfare, in specifying policies which would promote it, and in implementing those policies with honesty and efficiency. At no stage have we tried to make it sound easy; however, before finishing we must mention some of the problems inherent in formulating and implementing policies for dealing with MNCs.


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