Multinationals are a powerful source of direct foreign investment. However, LDCs have often felt the need to regulate their power, fearing it has a negative effect on their fragile economies. This book takes a fresh approach to show that such policies may be limiting the positive effects multinational enterprises can have on their economies. It presents a comparative analysis of the role of multinationals in developing countries, looking at such areas as imports, exports, new technology and resource utilization. It uses up to date research from Asia, Africa and Latin America to illustrate the consequences of competing policy options.