1. Globalization and Development
... lose power. Multinational business can manipulate these needs (and perhaps, sometimes, use straight bribery) to press governments to pursue business-friendly policy: keeping down corporate tax, wages and environmental or health and safety regulations. If policy is less attractive, business can threaten to move somewhere else, thus creating difficult choices for government about the balance between the need to keep business ... it doesn't allow people to benefit from the specialization of production achieved through larger-scale production and trade (not necessarily fast cars and designe...
- Word Count: 7309
- Approx Pages: 29
- Grade Level: Graduate