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Benefits and concerns

In: Evolutionary Spatial Economics

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Abstract

Estimates of potential gains from operations of transnational corporations (TNCs) were usually based on the classical assumption that the set of traded goods is both complete and fixed. In such a case, the gains from trade and foreign direct investment (FDI) appear to be quite small. Prices in the economy could be changed by government (tariff) intervention, so the quantity of produced and traded goods would change, but the list of the manufactured and traded goods would remain the same. FDI potentially increase the list of produced goods and services, as well as their quality. Nonetheless, the perils are in the potentially harmful behaviour by TNCs. These are considered, together with policies to counter such behaviour.

Suggested Citation

  • ., 2020. "Benefits and concerns," Chapters, in: Evolutionary Spatial Economics, chapter 26, pages 552-558, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:17213_26
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    File URL: https://www.elgaronline.com/view/9781785368981/chapter26.xhtml
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    Cited by:

    1. Afolabi, Funmilayo Juliana & De Beer, Paul & Haafkens, Joke A., 2020. "Orthodox or traditional medicine? Private or public healthcare? Exploring treatment pathways for occupational health problems among informal automobile artisans," Social Science & Medicine, Elsevier, vol. 265(C).
    2. David Mhlanga & Rufaro Garidzirai, 2020. "Energy Demand and Race Explained in South Africa: A Case of Electricity," Eurasian Journal of Business and Management, Eurasian Publications, vol. 8(3), pages 191-204.

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    Economics and Finance; Geography;

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