Global Economy And The Environment

Part I of Essay
As the global economy gets integrated, national or local corporations will gradually transform in to a multinational corporation (MNC). When this type of development occurs, the host countries are usually the ones that become the immediate stake holders. This is because ....

Part II of Essay
.... more harmful environmental impact from growth and development, as opposed to the local corporations. This is because MNCUs may not be as knowledgeable as local corporations in resource utilization and land management. This also refers to the notion of Rthe locals know their land better than anybody elseS. The tropical rain forest of Brazil is a good example of this. The RindigenousS or the local people have a good understanding of how to extract and utilize its resources in a very sustainable manner. However when a multinational timber c ....