Multinational enterprises (MNEs) are believed to contribute towards economic development of host countries through foreign direct investment (FDI), which results in poverty alleviation and human empowerment through linkages and spillovers with local stakeholders. However, earlier research demonstrates that the positive impact of FDI is often inconclusive. There is thus a gap in understanding the link between the activities of MNEs in developing countries and their impact on socio-economic development.
This volume reports the results of a large international ‘MNEmerge’ research project, financed by the European Commission, and provides an understanding of the impact of MNEs on United Nations Millennium Development Goals and successive Sustainable Development Goals in developing countries.

Review

Business scholars report the findings of a study on how multinational corporations can contribute to sustainable economic development. They pay special attention to the formation of linkages between subsidiary and local stakeholders such as society, business, and government. Their topics include the impact of multinational enterprises on sustainable development and poverty reduction, the contribution of the pharmaceutical business to the health status of the developing world, business-led new market creation in emerging countries: the case of Bt cotton, business and building capabilities in Ghana, and sustainable energy and development: the 'Light for All' program in Brazil. --Annotation �2017 Ringgold Inc. Portland, OR (protoview.com)

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