What role can foreign direct investment fdi and, Macroeconomics

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What role can foreign direct investment fdi and

Question: a. What role can foreign direct investment (FDI) and multinational corporations (MNCs) play in the industrialization process as economies pass through the different stages summarized in Figure 10.1? Are they a positive force or a negative force?

b. How was the experience with FDI and MNCs different in the East Asian development experience and in Latin America and India? Were FDI and MNCs helpful or harmful? Discuss.

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