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From course:

Economics A Level

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Question:

What Consequences can Globalisation bring to Developing and Emerging Nations

Author: go kys



Answer:

-Most of the TNC's Profits goes to the Home Nation. That means the Host Nations can't deal with Poverty and Inequality -Skilled Workers often leave to work in Richer Nations. This reduces the Human Capital and Potential for Economic Growth -Local Firms may suffer Greatly from Competitions -TNCs can bring Jobs and Investment. Offering Reliable Incomes (or not) and bring about Efficient productive methods which will affect the Host Nation.


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go kys
go kys