ABSTRACT
The study titled “multi-national corporations and economic development
attempted and investigated on the role of multinational corporations (MNC5) on
economic development in Mogadishu-Somalia. The study objectives related to
identifying profile of respondents, the contribution of MNCs, degree of economic
development, and establishing relationship between MNCs and economic development
in Mogadishu-Somalia. The study found out that MNCs comply by the rules and
regulations of the country, they buy productive assets in the country and they pay their
employees relatively high. The study found out that the MNCs do not support research
and innovation; they do not involve buying or renting housing facilities for their workers
as well as not respecting Somalia culture. The study found out that a higher degree of
economic development indicators of being highest tax payers and encouraging
competition of deferent sectors in Mogadishu-Somalia.
The study found out that a low level of economic development brought about by MNCs
in Mogadishu, Somalia. The study recommends that the government in Somalia, the
management of MNCs other stakeholders emphasis: Buying or investing in housing
facilities by focusing of real estate’s investments and development in Mogadishu
Somalia, and supporting local action research to develop relevant interventions that suit local context at macro and micro economic levels.
Ali, H (2021). Multinational Corporations And Economic Development In Mogadishu, Somalia. Afribary. Retrieved from https://afribary.com/works/multinational-corporations-and-economic-development-in-mogadishu-somalia
Ali, Hassan "Multinational Corporations And Economic Development In Mogadishu, Somalia" Afribary. Afribary, 03 Jun. 2021, https://afribary.com/works/multinational-corporations-and-economic-development-in-mogadishu-somalia. Accessed 22 Nov. 2024.
Ali, Hassan . "Multinational Corporations And Economic Development In Mogadishu, Somalia". Afribary, Afribary, 03 Jun. 2021. Web. 22 Nov. 2024. < https://afribary.com/works/multinational-corporations-and-economic-development-in-mogadishu-somalia >.
Ali, Hassan . "Multinational Corporations And Economic Development In Mogadishu, Somalia" Afribary (2021). Accessed November 22, 2024. https://afribary.com/works/multinational-corporations-and-economic-development-in-mogadishu-somalia