multinational companies
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The Myth of Lower Prices: Do Multinationals Save Us Money?
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The most commonly cited argument in favor of the expansion of multinational retailers is one of costs and benefits. Proponents argue that the cost of the proliferation of multinational corporations—displacing local retailers who create more employment per dollar of sales—are outweighed by the benefit of lower retail prices. However, the…
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Hoping to Create Your Own Silicon Valley? Don’t Count On Returnee Entrepreneurs
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Developing countries might be better off spending their resources on establishing the right policy environment for local entrepreneurs.