Implications of Multinational Corporations in Cameroon’s Underdevelopment, 1960-2015

This book explores the complex role of MNCs in the country’s economic development. It argues that while MNCs can theoretically contribute to growth through positive spill-over effects like R&D, innovation, and human resource development, the actual impact in Cameroon remains unclear and under-researched. The book presents an empirical survey of MNCs in Cameroon, focusing on their corporate social responsibility (CSR) initiatives and their paradoxes. Despite the presence of valuable natural resources, the study finds that some MNCs, such as BAT, may contribute more to underdevelopment than development. The book concludes that MNCs could play a more positive role if Cameroon implements policies to better regulate their activities, thereby ensuring that their presence benefits the country’s economic growth. This work adds valuable insights to the literature on MNCs in Cameroon.