CIAO DATE: 04/2012
February 2012
Columbia Center on Sustainable Investment
National firms fulfill functions that foreign affiliates are less likely to undertake. For this reason, there is a growth/efficiency justification for government programs designed to support and promote national companies (public and private) as opposed to, and in competition with, opening the doors to MNEs.
Resource link: National companies or foreign affiliates: Whose contribution to growth is greater? [PDF] - 79K