On the defense of the dissertation by Aksenova E.M. (IAAS Moscow State University) on «The role of transnational corporations in the economic development of Vietnam»

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The dissertation presents a comprehensive analysis of Multinational corporations’ participation in the economic development of Vietnam at the turn of the XX and XXI century. It explores how foreign business affects Vietnam's economy by sectors and industries. Positive impact of these activities on the macroeconomic stabilization of Vietnam's economy and its forced growth are assessed as predominant. Favorable spillover effects include increased employment, technological transfer, and more revenues to the state budget. At the same time, the research found out growing risks for Vietnam, including the formation of tax haven and a dirty harbor production, foreign control over a number of profitable Vietnam export industries, environmental and social degradation.

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