Is the Common Good Improved by Economic Globalisation and the Activities of Multinational Corporations?
- Rong Tang
Abstract
After embracing globalization, some countries have achieved fast growing. Meanwhile, many multinational corporations (MNCs) have made significant profits and also contributed a lot to economic growth. However, opponents believe that the benefits haven’t been equally shared and view it “as a threat to prosperity, cultural integrity, and the environment” For developed countries that compete successfully in the globalisation process, globalisation causes great economic growth and prosperity .On the contrary, developing countries that are excluded in the globalisation process become more marginalized and more vulnerable. Although globalisation has many benefits, the common good hasn’t been improved by economic globalisation and the activities of MNCs.- Full Text:
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- DOI:10.5539/ijbm.v3n1p141
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