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This 7 page paper reviews the book by Stephen D. Cohen. The author contends that there is no one answer as to whether multinational corporations and foreign direct investment is good or bad. No additional sources are listed.
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7 pages (~225 words per page)
File: AM2_PpbsMultintnl.rtf
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characterize many less technologically developed countries. Indeed, there are many areas of more technologically developed countries that desperately need corporate sponsorship in terms of jobs and community development.
The impacts of multinational corporations, however, are not always all positive. Neither, however, are they always negative. Stephen D. Cohens "Multinational Corporations and Foreign Direct Investment: Avoiding Simplicity,
Embracing Complexity" is an engaging look at the impact that multinational corporations (MNC) and foreign direct investment (FDI) have had on world economy and politics. Cohen emphasizes that his
book is distinct from other treatments of the subject because it is neither a defense of MNCs nor a condemnation. He contends that MNCs and FDI are too complex
to allow such conclusions and assertions, that by doing so other authors have oversimplified a very heterogeneous and continually evolving phenomenon. Cohen rightly asserts that there is no black
or white in this subject but rather a subject in which one could "never say never" and "never say always." He contents that his book is not about telling
his readers what to think in regard to multinational corporations but instead it is about telling them how to think about these corporations. Learning to think in this way
allows us to form more intelligent conclusions as to how a company interacts with the country in which it decides to set up shop. It also allows us
to understand that there is never one answer as to whether multinational corporations impact the world more negatively than they do positively or vice versa.
Cohens "Multinational Corporations and Foreign Direct Investment: Avoiding Simplicity, Embracing Complexity" is arranged in four distinct sections. The first section of the book consists of
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