Whether foreign investment by transnational and multi-national corporations alleviates or perpetuates underdevelopment is the subject of this volume. Multi-national corporations that inhibit building of indigenous institutions and other structures leading to self-reliance and economic growth impede rather than stimulate development. Both the positive and negative impact of multi-nationals in the Third World is investigated in these chapters. Various roles available to company and host country are explored. Variations in planning and development scenarios and objectives are explored.