Table of contents -- Preface -- Part I. Introduction -- 1. Multinational corporations and local firms in emerging economies: An introduction / Eric Rugraff and Michael W. Hansen -- Part II. Studies of spillovers and linkages between multinational corporations and local firms -- 2. The impact of foreign direct investment in business services on the local economy: The case of Hungary / Magdolna Sass -- 3. Do multinational companies transfer technology to local small and medium-sized enterprises? The case of the Tegal metalworking industry cluster in Indonesia / Tulus Tambunan -- 4. African small and medium enterprises and the challenges in global value chains: The case of Nigerian garment enterprises / Osmund Osinachi Uzor -- 5. Mutual productivity spillovers and regional clusters in Eastern Europe: Some empirical evidence / Chiara Franco and Kornelia Kozovska -- Part III. Policies to promote spillovers and linkages -- 6. Scope and effectiveness of foreign direct investment policies in transition economies / Crt Kostevc, Tjasa Redek and Matija Rojec -- 7. Policies for attracting foreign direct investment and enhancing its spillovers to indigenous firms: The case of Hungary / Katalin Antaloczy, Magdolna Sass and Miklos Szanyi -- 8. Policies and institutions on multinational corporation-small and medium enterprise linkages: The Brazilian case / Delane Bothelho and Mike Pfister -- 9. Is attracting foreign direct investment the only route to industrial development in an era of globalization? The case of the clothing and textiles sector in South Africa / Soeren Jeppesen and Justin Barnes -- About the authors -- Index.