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December 4, 2010 | History

Losing the plow 1 edition

Losing the plow
Patrick Okecho

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Losing the plow
African developing countries, multinational enterprises and the transfer of technology.

Published 2005 .
Written in English.

About the Book

Possession, control or access to the world's advanced technology resources is a key factor in securing global competitiveness. African Less Developed Countries (LDCs) find themselves in a disadvantaged position as they attempt to access appropriate technologies. Multinational Enterprises (MNEs) are recognized as the principle holders of commercial technologies and the wherewithal to transfer these to economies of their choice. Therefore, attracting foreign direct investment (FDI) is a priority for most countries. Restatements of Raymond Vernon's Product-Cycle theory propose that where MNEs are given significant freedoms to wholly-own their subsidiaries they are likely to invest more capital and transfer more advanced technology. However, as the availability of private capital continues to decrease, MNEs are channeling their investments to industrialized countries leaving African LDCs out of the global investment framework. Underlying the paucity of FDI flows to Africa is the absence of an attractive investment climate. Thus, a reversal of the economic decline that has visited the continent will require the consistent application of selective economic policies geared towards improving the investment climate. This endeavor will also require the support of the international community.

Edition Notes

Thesis (LL.M.)--University of Toronto, 2005.

Electronic version licensed for access by U. of T. users.

Source: Masters Abstracts International, Volume: 44-01, page: 0162.

ROBARTS MICROTEXT copy on microfiche (2 microfiches).

The Physical Object

Pagination
120 leaves.
Number of pages
120

ID Numbers

Open Library
OL20238984M
ISBN 10
0494025123

History Created December 11, 2009 · 3 revisions Download catalog record: RDF / JSON

December 4, 2010 Edited by Open Library Bot Added subjects from MARC records.
January 24, 2010 Edited by WorkBot add more information to works
December 11, 2009 Created by WorkBot add works page