Multinationals and Developing Countries: Myths and Realities

E ,",umption, '" wmmonly m,d, in th' di"u,.on of multin,tion'" ""d th, developing countries - by friends and enemies alike of the multinational company. These assumptions largely inform the policies both of the developing countries and of the multinational companies. Yet, all four assumptions are false, which explains in large measure both the acrimony of the debate and the sterility of so many development policies.