Transnational Corporations and States Costs and benefits to: host economies home economies the bargaining relationship between TNCs and states TNC impacts on host economies Alternative perspectives empirical findings Why? ---sensitivity to precise statistical techniques used
Nature of host economy:level of dev., size of economy, resource base, techn. Base, social, political, cultural chars. etc.
Balance of payments equals
Capital goods imports +
materials imports +
royalties paid abroad +
dividends and interest sent abroad
Imports of capital
Issue of domestic sales ???
Danger of making sweeping generalizations about TNC impacts on host economies