Transnational Corporations and Development Policy: Critical Perspectives »

ERIC RUGRAFF is Lecturer in Economics at the University Robert Schuman of Strasbourg, and Researcher at the Bureau d'Economie Théorique et Appliquée (BETA).

DIEGO SÁNCHEZ-ANCOCHEA is currently Senior Lecturer in Economics at the Institute for the Study of the Americas, University of London. In October 2008 he will move to St. Anthony's College, University of Oxford, as Lecturer in Political Economy of Latin America.

ANDREW SUMNER is a fellow of the Institute of Development Studies. He is a cross-disciplinary economist.

Few issues in development raise as much heat as the impact of transnational corporations (TNCs) on the South. However, the exact nature of the relationship between foreign direct investment and development remains unclear both conceptually and empirically. The contributors to this edited volume offer a wide-reaching exploration of these links through a series of case studies from Africa, Asia, Latin America and Central Europe. The book also focuses on the role of 'new players' such as Chinese, Indian and South African TNCs.

List of Figures

List of Tables

Introduction Andy Sumner Sumner, Andy Eric Rugraff Rugraff, Eric Diego Sanchez-Ancochea Sanchez-Ancochea, Diego 1

Pt. I TNCs and Development: An Overview

1 How have TNCs changed in the last fifty years? Eric Rugraff Rugraff, Eric Diego Sanchez-Ancochea Sanchez-Ancochea, Diego Andy Sumner Sumner, Andy 9

2 What do we know about developmental impacts of TNCs? Eric Rugraff Rugraff, Eric Diego Sanchez-Ancochea Sanchez-Ancochea, Diego Andy Sumner Sumner, Andy 29

Pt. II TNCs and Development Policy

3 How TNC-friendly is development policy? Andy Sumner Sumner, Andy 59

4 Are North-South trade agreements good for FDI-led development? The case of DR-CAFTA Diego Sanchez-Ancochea Sanchez-Ancochea, Diego 79

Pt. III New Players Perspectives

5 Is Indian FDI developmental? Jorge Dige Pedersen Pedersen, Jorge Dige 105

6 Chinese Outward FDI in Africa: How much do we know? Andrew Crabtree Crabtree, Andrew Andy Sumner Sumner, Andy 137

Pt. IV Macro-Perspectives

7 How can we explain the behaviour of TNCs in Central Europe? Eric Rugraff Rugraff, Eric 157

8 Is the impact of FDI similar in all developing countries? South Africa and Mali compared Claire Mainguy Mainguy, Claire Soeren Jeppesen Jeppesen, Soeren 176

9 Does FDI reduce poverty? Cases Studies from India Meen Tiwari Tiwari, Meen 202

Pt. V Sectoral Perspectives

10 How do linkages with local suppliers affect the impact of TNCs on development? The case of electronics in Vietnam Ingeborg Vind Vind, Ingeborg 225

11 Does FDI create linkages in mining? The case of gold mining in Ghana Marianne Nylandsted Larsen Larsen, Marianne Nylandsted Paul Yankson Yankson, Paul Niels Fold Fold, Niels247

12 How does 'linking up with global buyers' impact the prospects for upgrading in pharmaceuticals? The case in India Stine Jessen Haakonsson Haakonsson, Stine Jessen 274

13 Conclusion Eric Rugraff Rugraff, Eric Diego Sanchez-Ancochea Sanchez-Ancochea, Diego Andy Sumner Sumner, Andy 302

Index 307