Some argue that foreign investment by MNCs helps to promote economic growth, employment, and adoption of new

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Some argue that foreign investment by MNCs helps to promote economic growth, employment, and adoption of new technologies in developing states. Others, however, suggest that MNCs tend to exploit labor (often child labor) in poor developing states, flout environmental standards, and engage in tax evasion. Which of these two contending perspectives do you agree with and why? Support your answer with two detailed examples of FDI by MNCs in low- income countries by analyzing the economic impact that these MNCs have had in these countries.

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Principles Of International Political Economy

ISBN: 9780199796182

1st Edition

Authors: Mark Hallerberg, Jeffrey Kucik, Bumba Mukherjee

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