Contributions of multinational corporations to economic development in Uganda
- Filling the savings/investment gap.
- Filling the manpower gap
- Filling the technological gap/promoting technological transfer
- Filling the foreign exchange gap
- Increase government revenue through taxation.
- Create employment opportunities
- Utilize local resources hence avoidance of wastage
- Develop local skills through training
- Widen consumer choices through production of variety goods and service
- Efficiency of local firms through competition.
- Increased output hence economic growth
- Promote friendship between Uganda and other countries (diet mutual benefit) hence increased trade1and foreign aid
- Promote growth of the industrial sector.
- Promote development of infrastructure
- Increasing quality of output
CATEGORIES Economics
TAGS Dr. Bbosa Science
Good