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Global Business

Multinationals Can Have a Positive Local Impact—If They Face Enough Competition for Labor

The United Fruit Company had a reputation for manipulating governments and exploiting workers in Latin America. But Yale SOM’s Diana Van Patten found that in some areas, competition for workers led it to invest in local infrastructure, with long-lasting positive impacts.

Bananas being loaded onto the United Fruit Company's Northern Railway in Costa Rica, circa 1915.