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Do multinational corporations hurt poor countries?
There is a fierce debate today between those who consider globalization to be a malign influence on poor nations and those who find it a positive force. This debate focuses not just on trade, but also on multinational corporations. The hard evidence strongly suggests that the positive view is more realistic. There are many reasons to believe that multinationals in particular do good, not harm, in the developing world.
If any conviction strongly unites the critics of multinationals today, it is that they exploit workers in poor countries. Ire has been aroused by the assumption that rich, deep-pocketed corporations pay "unfair" or "inadequate" wages overseas. More ...
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