abstract:A multinational state is a sovereign state which is viewed as comprising two or more nations. Such a state contrasts with a nation-state where a single nation comprises the bulk of the population.
Africa can now expect multinational and state-owned companies from developed and developing states to compete for access to African consumers and favorable investment terms.
The US federal government has passed legislation to make telecommuting easier and multinational firms, like State Street (NYSE:STT), are instituting programs to let employees choose when and where they work.
One possible reason for this gap is that a large portion of the economy is still under state or foreign multinational control, which crowds out opportunities for local entrepreneurs.