How the East Was Won

Despite widespread criticism of multinational companies, they have made an unparalleled contribution to the development of Eastern Europe over the last two decades. They have brought opportunities to the young, improved working conditions, saved communities from destitution, rehabilitated corrupt banking systems and laid a modern telecommunications network. Their exports have driven economic growth; their presence has boosted civil society. The impact has not always been positive, but their power and dynamism, if effectively harnessed, can help defeat poverty elsewhere too.