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Economic hitmen manipulate developing countries by offering loans and aid with strings attached, such as high interest rates and conditions that benefit corporations and governments. This creates debt and dependency, allowing powerful entities to control resources and policies for their own gain.

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5mo ago

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Can people in developing countries be as happy as people in developed countries?

money can't buy happiness or the place you'r living in buy happiness there is people live in stables and they are very happy with their life and there is people live in castles and they are not and the opposite is right


Is the Philippines a least developed country?

The Philippines is a developing country or least developed country. It is based on Gross National Income per capita per year. Countries with a GNI of US$ 11,905 and less are defined as developing countries.


What is one reason why some people critical of globanization?

Some people are critical of globalization because they believe it can lead to the exploitation of workers in developing countries, widening economic inequality, and the loss of cultural diversity.


What was stalin's sphere of influence?

Stalin's sphere of influence extended primarily over the Eastern European countries that fell under Soviet control after World War II. This included countries like Poland, East Germany, Czechoslovakia, Hungary, and Romania, where Stalin installed communist governments loyal to the Soviet Union. Stalin sought to establish satellite states in these countries to enhance Soviet security and influence in the region.


Describe two problems that the world faces as a result of globalization and discuss the source of each of these problems?

Globalization has placed all the labor forces of the world in competition with eachother, which has tended to draw work away from countries in which workers are well paid, such as the US, and diverted it ("outsourcing") to countries where they are badly paid, such as China and the Phillipines. This is a problem in the sense that people are not being paid what they deserve to be paid, and efforts to improve the lives of workers are being undermined. A second problem is the increased depletion of natural resources such as petroleum and trees, as international corporations ruthlessly pursue profit at all costs, which they are pretty much driven to do by the demands of their stockholders, and by the competition from other, equally ruthless corporations. Businesses have the opportunity to go wherever they can make the most profit, so just as they seek cheap labor, so do they seek lax (or absent) environmental regulations.

Related Questions

Are multinational corporations beneficial to developing countries?

Yes


Why would governments provide multinational corporations with incentives to undertake foreign direct investment in their countries?

What incentives does governments' use to attract investors to investing in their country..???


What corporations are more financially powerful than small countries?

Yes, there are many world corporations that have more money, influence, and power than some smaller nation's governments.


How do multinational corporations contribute to the maintenance of international stratification?

Multinational corporations often exploit lower-cost labor in developing countries, contributing to income inequality between nations. They can also exacerbate environmental degradation in countries with weaker regulations, further perpetuating global disparities. Additionally, these corporations may engage in tax avoidance practices that deprive developing countries of much-needed revenue for social welfare programs.


What are the disadvantages of transnational corporations for developing countries and the people within them?

according to my calculations ...... we can not answer this question at this momentn ! we are to dumb please try again later !


Why do multinational corporations have their manufacturing plants in developing countries?

There are two main reasons why a firm will build a facility in another country: 1) They want to have a manufacturing facility closer to one of their larger markets. 2) They can manufacture their products more cheaply overseas due to cheaper labour costs.


Who is Maya Stendhal and what is her background and bio?

Maya Stendhal is the CEO of Madison Global Advisors. It is an advisory firm for countries, governments, corporations and non profit agencies.


In many African countries have obtained mining rights and provided plants and technicians?

Multinational corporations have built factories and supplied technicians in some countries. To prevent these large corporations from gaining too much influence, some African governments own 51 percent of all key industries.


What continent has most developing countries?

Africa has the most developing countries.


How does developed countries help the developing countries?

By selling their products to developing countries.


What countries have unstable governments?

Sadly, there are several countries that have unstable governments. A few of the countries are Turkey, Egypt, and Afghanistan.


Why is DDT legal in some countries?

Because some countries that are still developing cannot afford other expensive pesticides so the governments really look at the costs of not using it vs. the cost of using it and they decide.