Multinational Corporations

Multinational Corporations
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Introduction
Multinational corporations have become part of the developing world, for quite sometime now. In most of the cases the governments in the developing countries have needs that their economies cannot meet and the MCNs come in to provide that extra boost. However, their role in the developing countries has also been marked with controversies and is sometimes seen as agents of exploitation.
The True Intent
The MCNs have been seen to bring hope to the developing countries in the form of revenue to the governments and the people through employment. This is also connected to the fact that they bring about higher standards of living, through the provision of jobs, better technology and quality goods and services.
In reality, the MNCs are business oriented entities and are out in the developing world to make a killing on the vast resources that have not yet been exploited. In the process they exploit the locals for cheap labor. Most of these countries do not have strict labor laws and human rights are almost nonexistent, this way the MNCs has a chance to give the government with one hand while taking with other. Other than the fact that they exploit the locals with little or no pay, they also do not consider the ...