Multinational Corporations in West Africa

Building Decentralized Partnerships

Souleymane Doumbia

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Hardback

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English

Routledge
25 August 2023

Regional studies; Development studies; Politics & government; Development economics; Multinationals; Regional geography; Technology, Engineering & Agriculture

Series: Routledge Research on African Economics

This book investigates the relationship that Multinational Corporations form with Local Authorities and governments in West Africa. It argues that informal partnerships at the local level can provide significant socioeconomic benefits to communities and overcome shortfalls in state provision of infrastructure and collective goods and services.

Drawing on in-depth case studies in Niger, Ghana and Liberia, the book demonstrates that Decentralized Partnerships benefit from lower transaction costs while maintaining profitability and investment protection, whereas in formal relationships between multinationals and local government, asset specificity and uncertainty are high. By complying with informal rules, which are in many ways just as restrictive as formal rules, Multinational Corporations can adapt and acculturate themselves, become actors of territorial authorities and can get around the incompleteness of the contract that binds them to the state.

Reflecting on a range of local projects (educational, infrastructural, health, micro-financial, entrepreneurial), this book provides a rich and detailed assessment of the interactions between Local Authorities and Multinational Firms.

The book will be useful to upper-level students and researchers across the fields of economics, business, sociology, anthropology and African studies as well as to development practitioners and regional and international organizations with interest in the functioning of Multinational Corporations in local environments.

By: Souleymane Doumbia
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 566g
ISBN: 9781032535449
ISBN 10: 103253544X
Series: Routledge Research on African Economics
Pages: 210
Publication Date: 25 August 2023
Audience: College/higher education , Primary
Format: Hardback
Publisher's Status: Active

Souleymane Doumbia has a PhD in economics and management and is a member associated to the LAREQUOI, Research Center of ISM-IAE Graduate School of Management–UVSQ/Paris-Saclay University (France). His work focuses on development economics. He is a capacity-building specialist.