Multinational Corporations’ Key Stakeholders in the Economic Development in Less Economically Developed Countries: A Literature Review

Development Strategy and Economic Institutions in Less Developed Countries

Less Developed Countries , Tourism Investments and Local Economic Development ∗

The present paper analyzes the forward linkages of a multinational’s investment in a resort which kicks off tourism activity in a LDC. We show that, under quite natural assumptions, overnight stays are increasing in the number of tourism related, differentiated goods and services supplied in equilibrium. These goods and services, if supplied by the local community, represent forward linkages of...

Multinational Corporations’ Economic and Human Rights Impacts on Developing Countries: a Review and Research Agenda

Developing countries are attracting a significant portion of global Foreign Direct Investments. Governments of such countries often compete fiercely for attracting Multinational Corporations (MNCs) in the expectation of the advantages they will bring to their economies, often prioritizing economic goals over fundamental human rights. For long, economists have analysed the economic impacts of MN...

Global Commodity Chains and Economic Upgrading in Less Developed Countries

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The Informal Sector in Developed and Less Developed Countries

The main goal of this study is two-fold: (1) to provide a general overview of the contributions to the literature on the informal sector, with a special focus on the Public Choice approach; and (2) to compare these contributions across two institutionally different types of countries: developed and less developed (developing and transition) countries. The paper focuses on the criteria used to d...