Global Economy And The Environment Essay -- essays research papers

Global Economy and the EnvironmentAs the global economy gets integrated, national or local anaesthetic corporations forget gradually transform in to a multinational corporation (MNC). When thistype of development occurs, the host countries are usually the ones that becomethe immediate stake holders. This is because when a MNC sets its foot into ahost country, there are economic, political, social and environmental impactsthat result from their corporate actions. In many cases, it is certainlypossible that it can halt up in a win-win situation, if the host country and theMNCUs both work mutually. However there dupe been unfortunate examples, wherethis has not been the case.In general, international agreements have its advantages, due to thefact that we can harmonize international standards. Therefore environmentalconcern is one of the key issues that the policy makers and MNCUs should set ahigh antecedence on. This is because growth and development is strongly correlatedwith envi ronmental degradation. Furthermore, it is fair to say that the MNCUsare more likely to have a more harmful environmental impact from growth anddevelopment, as opposed to the local corporations. This is because MNCUs maynot be as knowledgeable as local corporations in resource usance and landmanagement. This also refers to the notion of Rthe locals know their landbetter than anybody elseS. The tropical rain forest of Brazil is a good exampleof this. The RindigenousS or the local people have a g...