Friday, April 19, 2019
Globalization, Foreign Direct Investment (FDI), or Multinational Essay
globalisation, Foreign Direct Investment (FDI), or international Corporations (MNCs) - Essay ExampleOn the other hand, poverty and inequality emanates from disorganization and injustice among the developed countries in the global market who instead should work at developing the global economy to greater levels. harmonise to Cohns perspective, globalization entails activities that assist countries and societies to broaden and deepen thus increasing their interdependence around the world. widening and deepening is the establishment of links and using them to increase the regularity and intensity of the communications, transactions, relationships and general interactions among the involved societies and states. Globalization has led to developments in finaglement and other significant sectors in the corporate world as companies contend up with excellent strategies to overcome the competition and as a way of keeping up with the trends1. The big growth in international market relates with developments in areas such as communication and transportation technologies that are key facilitators of the strategic links between the participating states and Multinational Corporations (MNCs). However, globalizations impact varies in the different countries and in most cases it threatens the domestic autonomy causing issues among the local economies. Upon entry into the international market, countries reckon up new roles and responsibilities, that allow them to make any policy choices. The policy choices are the determinants of states and societies experiences of globalization i.e. conformity and cooperation or fragmentation and conflict. Multinational Corporations (MNCs) are companies that distribute goods and services across borders with an aim of spreading ideas and positive assets in more than one state. They play a significant role in globalization and economists postulate they make the greater part of it. MNCs mostly practice Foreign Direct Investments (FDI) in order to manage rights and control economic transactions in different states.Realists link globalization with
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.