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Nagy Hanna

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.

Christopher Freeman

For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.

Mr. Paul Streeten

The multinational is no longer so multifashionable. It is true that much is still being written about it, and this reviewer of some recent books and articles on the subject (see box) succumbs to the Swiftian thought that he who can make one word grow where there were two before is a true benefactor of mankind. Yet, in spite of the continuing controversy, some of the steam has gone out of the debate. There is no longer the sharp separation between those who think that what is good for General Motors is good for humanity and those who see in the multinational corporations the devil incorporated.