Contribution of Yazaki (Samoa) Ltd. to Samoan economy

Abstract

Over the last 30 years, there has been extensive debate on whether Transnational Corporation (TNC) can bring about economic development in third world countries and in particular in small island states. There are two schools of thought: first, on one hand, there is a pessimistic position that argues that TNCs do not contribute to economic development of small island countries. Second, on one hand, there is the optimistic position that argues that TNCs do contribute to economic development of small island countries. Within this context, this paper examines the economic contribution made by a Japanese TNC Yazaki (Samoa) Ltd. in Samoan economy. This paper highlights that Yazaki (Samoa) Ltd. has made a number of economic contributions to Samoa such as boosting the GDP, in-directly assisting other industries, easing unemployment and providing income to poor families.