"We have no horror of FOREIGN CAPITAL - if subjected to (domestic) management (Niles' Weekly Register, cited in Wilkins, 1989: 85) We are always prepared to provide the necessary security to foreign capital on the condition that its profits be regulated by law [emphasis added] (Mustafa Kemal...

Why do governments open their economies to multinational enterprises (MNEs)? Some argue democratic forces promote this openness, but many citizen groups view multinational business with suspicion. Using quantitative and qualitative analysis, Bauerle Danzman demonstrates how large domestic firms...