POLSCI 2J03 Lecture Notes - Wage Labour, Pharmaceutical Industry, Neoliberalism

• School: McMaster University
• Department: Political Science
• Course: POLSCI 2J03
• Professor: Robert O' Brien

Document Summary

Varies from case to case and benefits depend upon values of observer. Developing countries changed strategies from isi to eoi. Making products that the rest of the world will buy! State policies are significant: critics of mnc significance of state policies. One of the things that will influence how good it is, could be the state policies in. Do we have the policies that make the most of foreign direct investment that come into our country. If we do not distribute the benefits of the investment more inequality and opposition to foreign direct investment because the profits are not being spread widely: linkages to local economy (training, etc. ) Governments can have a role in this through the establishment of training programs, perhaps helping local companies with research and innnovation. Government can provide links between the local economy and the global: encourage technology transfer and spread this technology around to other countries and subcontractors.