Abstract
The governments of less developed countries (LDCs) often complain that the subsidiaries of foreign multinational enterprises (MNEs) employ capital-intensive, rather than labour-intensive, techniques of production. The reasons for this concern are that the capital-intensive techniques generate relatively little employment, entail more expenditure in terms of scarce foreign exchange and the products made with those techniques yield relatively little benefit (in a sense discussed below) to consumers.
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© 1991 Peter J. Buckley and Jeremy Clegg
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Katrak, H. (1991). Market Rivalry, Government Policies and Multinational Enterprise in Developing Countries. In: Buckley, P.J., Clegg, J. (eds) Multinational Enterprises in Less Developed Countries. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11699-7_5
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DOI: https://doi.org/10.1007/978-1-349-11699-7_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-11701-7
Online ISBN: 978-1-349-11699-7
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