operate in more than one country. Developing countries are the host countries and have become the object of study as there are many questions regarding the benefits of hosting a MNC. Are MNCs contributing to the sustainable development of a developing country? Or‚ do they simply exploit developing countries creating a country dependent on that MNC for their own economic‚ social and ecological growth? Apparently they are transferring new technologies to a developing country‚ the introduction of sophisticated
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emerged as a dominant strategy for alleviating poverty in the third world. During this period major international institutions such as the UN‚ World Bank and IMF gained reputation in the global economic affairs. Yet it seems that the lesser developed countries (LDCs) continue to suffer from economic hardship raising the questions whether overseas aid is worthwhile and effective approach to boosting growth and development in recipient economies. Research on the subject has attempted to draw experimental
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Parameters: Funding investments: There are many cases where poor households in developing countries might like to borrow money to make "win-win" investments that improve their own economic well-being and the environment. However‚ no one is willing to loan them enough money to enable them to do so‚ and they often pay high interest rates for whatever money that they can borrow. These households face borrowing constraints. Lenders tend to require some collateral in order for them to obtain
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Could developing countries take the benefit of globalisation? Rusdy Hartungi Atma Jaya University‚ Makassar‚ Indonesia Abstract Purpose – To provide philosophical discussions of various works‚ thinking of globalisations and new thoughts on how the developing countries might take benefit of globalisation. Design/methodology/approach – A wide range of published works‚ which contain the recent thoughts and debates of the globalisation to developing nations are reviewed‚ analysed and then critiqued
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When a country develops its technology‚ the traditional skills and way of life dies out. Is it pointless to keep them alive? Agree or disagree. Looking at our history‚ it is not difficult to discover that when a country develops its technology‚ the traditional skills and ways of life are actually dying out in today’s society. However‚ not all countries are developed and therefore still using their traditional knowledge to survive. There is a possibility that it is pointless to keep them alive‚ this
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industrialized countries take a step up By FIONA ANDERSON‚ Vancouver Sun August 28‚ 2012 0 The term emerging markets or emerging economies was coined by a World Bank economist and came into common use in the 1980s. While there is no exact definition that would lead to a consensus of which countries are emerging‚ the term generally refers to countries that are not yet developed‚ but are in the process of doing so‚ with healthy economic growth and increasing per capita income. Countries were
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Many developing countries are currently expanding their tourist industries Why is this the case? Is it a positive development? Nowadays‚ more and more countries are become hospitable to their visitors or aliens. Some places that were totally forbidden once upon a time‚ have become accessible to visitors. Those countries‚ particular some developing countries‚ feel obliged to invest more money in order to extend their tourist industries. But whether such expansion be positive or not is still
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In this era of globalization‚ competition between countries has become more and more frequent. Malaysia as a country that aiming to achieve a developed nation in year 2020 must realize that educations is one of the important factor that the country need. For example‚ most of the peoples who living in the developed countries have highly educated. In my opinion‚ I agree that education is the most important factor in the development of a country. Firstly‚ in the life‚ people can live without education
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the statement. It involves people of a country travelling to another country for leisure‚ business or recreational purposes. Tourism is used as a vehicle for international understanding by bringing people with different backgrounds together. The interaction of diverse people with different cultures goes a long way in increasing friendship. “Tourism can greatly enrich and promote friendship and goodwill” (Bhatia‚ 2001‚ p.461). People from different countries who practices different cultures and speak
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environmentalists claim that rich nations should bear more responsibilities for the environmental unbalance than poorer nations. In this essay‚ I would like to look at some of the reasons why advanced countries should be responsible for the damage they have done to our earth. First of all‚ developed countries have their historical responsibility and obligation to pay more for the worsening environment. It is believed that‚ in the last two hundred years during the process of industrialization‚ a great
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