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Essay / Research Paper Abstract
A 16 page paper that addresses this question: Do multinationals exploit or expand the economies of host nations? In other words, what impact does a multinational have on the host nation's economy? This report begins with an introduction in which globalization is discussed and where the recent hostilities towards multinational corporations have been expressed by different people. The next section discusses the economic effects of multinational corporations per research investigations. Data regarding different aspects of the economic situation are provided, such as the increase in employment figures in Turkey and other nations. Studies that involve a number of nations are included, e.g., Ireland and China. The writer offers conclusions based on the literature presented. Bibliography lists 9 sources.
Page Count:
16 pages (~225 words per page)
File: MM12_PGmncec.rtf
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Unformatted sample text from the term paper:
fact that these statements can be validated, there has been a sudden backlash against globalization, i.e., multinational corporations setting up shop in various nations. It is only in the last
couple or three years that there have been highly publicized movements against globalization and multinational corporations. Bello commented that the "last year [2000] will probably go down as one
of those defining moments in the history of the world economy, like 1929" (2001). It was in 2000 that the backlash against globalization took the headlines. It began on November
30 and December 1, 1999 when the "Third Ministerial of the WTO collapsed in Seattle" (Bello, 2001). The Convention was dramatically interrupted by about 50,000 protestors in the streets outside
the Seattle Convention Center where the delegates were meeting (Bello, 2001). The protestors were loud and militant. Although there were different motivations and even different issues among the protestors, one
thing unified them - their "opposition to the expansion of a system that promoted corporate-led globalization at the expense of social goals like justice, community, national sovereignty, cultural diversity, and
ecological sustainability" (Bello, 2001). Similar demonstrations were held in numerous regions in the world, including Melbourne, Australia, Chiang Mai in Northern Thailand and Prague (Bello, 2001). The demonstrators argued that
multinational corporations, i.e., globalization, ruins the host nations in any number of ways. They also argue that the only people who benefit from globalization and multinational corporations are the multinational
corporations, international investors and the elite in developing countries. At the same time, these people and groups believe that the working classes in these countries are suffering and are left
unprotected in the cause of development. Standards for workers in too many places are still poor and women are the brunt of a great deal of patriarchy and just plain
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