Multinational Companies and Rural Development (Paperback)


MNCs activities in less developed countries (LDCs) are regularly contracted to undertake rural development around their sites. Likewise, they regularly fail. How can a profit-making MNC encourage rural development in an undeveloped area of a host LDC? The purpose of this research is to investigate how an MNC could fulfill its contractual commitment for local development in a way that benefits MNC and also the involved parties. This study concerns the urgent and interesting issue of how MNCs manage their relationships with other organizations in LDCs for local development. This study followed ten years of a mining company (Lamco) in Liberia which promised success in rural development, had it not been for drastically falling prices for iron ore and a civil war. Apart from the MNC and the host government, a PVO and the rural people were involved. The main result of this study is that the use of an intermediary PVO is an effective means for an MNC to fulfill its contractual commitments related to rural development. The empirical contributions discuss the implications for MNCs, host governments, local communities and PVOs.

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Product Description

MNCs activities in less developed countries (LDCs) are regularly contracted to undertake rural development around their sites. Likewise, they regularly fail. How can a profit-making MNC encourage rural development in an undeveloped area of a host LDC? The purpose of this research is to investigate how an MNC could fulfill its contractual commitment for local development in a way that benefits MNC and also the involved parties. This study concerns the urgent and interesting issue of how MNCs manage their relationships with other organizations in LDCs for local development. This study followed ten years of a mining company (Lamco) in Liberia which promised success in rural development, had it not been for drastically falling prices for iron ore and a civil war. Apart from the MNC and the host government, a PVO and the rural people were involved. The main result of this study is that the use of an intermediary PVO is an effective means for an MNC to fulfill its contractual commitments related to rural development. The empirical contributions discuss the implications for MNCs, host governments, local communities and PVOs.

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Product Details

General

Imprint

VDM Verlag

Country of origin

Germany

Release date

March 2009

Availability

Expected to ship within 10 - 15 working days

First published

March 2009

Authors

Dimensions

229 x 152 x 14mm (L x W x T)

Format

Paperback - Trade

Pages

244

ISBN-13

978-3-639-05448-4

Barcode

9783639054484

Categories

LSN

3-639-05448-2



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