Management Papers
Document Type
Journal Article
Date of this Version
12-2007
Publication Source
Global Economy Journal
Volume
7
Issue
4
DOI
10.2202/1524-5861.1327
Abstract
Critics have excoriated the US fast-food industry in general, and McDonald's most particularly, both per se and as a symbol of the United States. However, examining McDonald's internationalization and development abroad suggests that McDonald's and the others of its ilk are sources of development for mid-range countries. McDonald's brings training in management, encourages entrepreneurship directly through franchises and indirectly through demonstration effects, creates backward linkages that develop local suppliers, fosters exports by their suppliers, and has positive external effects on productivity and standards of service, cleanliness, and quality in the host economies.
Copyright/Permission Statement
The final publication is available at www.degruyter.com.
Keywords
fast-food, McDonald's, productivity spillovers, foreign direct investment
Recommended Citation
Tschoegl, A. E. (2007). McDonald's -- Much Maligned, but an Engine of Economic Development. Global Economy Journal, 7 (4), http://dx.doi.org/10.2202/1524-5861.1327
Included in
Business Administration, Management, and Operations Commons, Training and Development Commons
Date Posted: 27 November 2017
This document has been peer reviewed.