Skip to main content

Locating Challenger Multinational Corporations in Global Development Paradigm Shifts

The Palgrave Handbook of Global Social Change
  • 6 Accesses

Abstract

Challenger multinational corporations are an emerging phenomenon in global development dynamics. Whereas multinational corporations from the Global North have been at the forefront of foreign direct investments in the Global South, challenger multinational corporations are changing this paradigm by controlling a large proportion of investments within the hemisphere. Critiques from the Global North have, however, increasingly identified the dangers of debt traps iminent in the structure of existing economic relationships within the Global South. The consequent benefits arising from the relationships however still endear the countries of the Global South to one another.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Institutional subscriptions

References

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Edmond Maloba Were .

Rights and permissions

Reprints and permissions

Copyright information

© 2024 The Author(s), under exclusive licence to Springer Nature Switzerland AG

About this entry

Check for updates. Verify currency and authenticity via CrossMark

Cite this entry

Were, E.M. (2024). Locating Challenger Multinational Corporations in Global Development Paradigm Shifts. In: The Palgrave Handbook of Global Social Change. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-87624-1_212-2

Download citation

  • DOI: https://doi.org/10.1007/978-3-030-87624-1_212-2

  • Received:

  • Accepted:

  • Published:

  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-87624-1

  • Online ISBN: 978-3-030-87624-1

  • eBook Packages: Springer Reference Social SciencesReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

Publish with us

Policies and ethics

Chapter history

  1. Latest

    Locating Challenger Multinational Corporations in Global Development Paradigm Shifts
    Published:
    08 May 2024

    DOI: https://doi.org/10.1007/978-3-030-87624-1_212-2

  2. Original

    Locating Challenger Multinational Corporations in Global Development Paradigm Shifts
    Published:
    15 August 2023

    DOI: https://doi.org/10.1007/978-3-030-87624-1_212-1