Abstract
The main purpose of this study is to examine the impact of US affiliates of multinational corporations on the generation of employment in the Latin American manufacturing sector. The emphasis of the analysis is mainly empirical, and an important by-product is the collection and processing of information about the quantitative evidence on the role of US MNCs in the Latin American manufacturing sector. The study focuses on seven countries (Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela) and attempts to answer the following types of questions. Do MNC affiliates constitute a quantitatively significant mechanism in the generation of employment? is the technology employed by MNC affiliates labour-saving? does the presence of the MNCs result in an expanded market with important increases in the sources of employment? The implicit alternative used in this study to examine such questions is the domestic enterprise of similar size to the existing US affiliate located in the corresponding manufacturing branch.
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