The appearance of international corporations is becoming an
expected sight in underdeveloped countries. Consequently, citizens
of their respective nations are choosing to be employed at those
companies. However, is this development positive or are there
more disadvantages than the benefits. This essay will explore the
pros and cons of the implementation of multinational businesses in
developing countries.
Starting with the advantages, there are millions of unemployed
citizens who are seeking employment but can’t get hired due to a deficit of
occupation positions. But, with the establishment of world-wide firms is
that it can augment the economic performance by increasing the number
of available jobs. There have been numerous cases of this phenomena,
such as after the internationally known enterprise “Nesquick” had released
5 chocolate factories in some parts of Africa, the countries showed a
significant increase in the number of occupants.
On the other hand, the exploitation of 3rd world countries by global
corporations have become a concerning factor. While these corporations
often bring investment and economic opportunities, there is growing
awareness of the potential negative impacts on vulnerable communities.
Low wages, inadequate working conditions, and environmental
degradation are just some of the issues that can arise. It's imperative that
both governments and corporations take steps to ensure fair and
responsible business practices, not only for the well-being of local
populations but also for the long-term sustainability of these economies
To conclude, Although the deployment of multinational
corporations seems to promise a beneficial advancement to developing
countries, many people including myself agrees that the possible
corruption of these firms Could have such a detrimental impact on the
country that recovery becomes nearly impossible.