WEEK 3: REPLIES

Week 3: Replies



Week 3: Replies

Reply to Post by Tara Gandy

Mixed evidence can be found in the empirical literature on the existence of positive productivity externalities which are generated by the foreign multinational companies in the host countries, whether the host country is a less developed economy. In such small open economies, the final good productions are carried out by the domestic and foreign organizations, which compete for the intermediate products, unskilled labors and skilled labors. So there is no doubt that the less developed nations and the emerging markets face heavy capital inflow that is generated from ...