Foreign investment in multi-brand retail is being pushed as an important tool for controlling food prices. But what is the global experience in developing/middle income countries where such retail is in place? A survey of the literature shows that FDI in retail often has the opposite effect. The impact on low-income consumers in low-income areas has been particularly adverse.
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EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.