Transnational Corporations in a Developing Country: The Indian Experience

by John Martinussen

Developing countries are caught in a dilemma in their relations with transnational corporations (TNC′s). One the one hand, these countries need to cooporate with TNC′s in order to obtain capital, technology and access to global distribution; on the other, it is common knowledge that the activities of the TNCs often inflict excessively high costs on less developed host countries while also distorting their economics. This book is the first comprehensive assessment and analysis of India′s policies towards TNCs since the late sixties. These policies are conceived of as instruments aimed at minimizing the detrimental effects and high costs while maximizing the benefits accruing from TNC activities.

228 pages, Hardcover

First published January 1, 1988