In a research conducted by Adelman (2005) to determine the impact of globalization in 42 nations, it was uncovered that the per capita GDP of developed nations such as Japan, Denmark, and Finland increased by €1,000 yearly as a result of globalization. ... While developing countries benefit from taxes paid and products produced by the multinationals, the governments in developing nationals should formulate and implement stricter policies to guard and guide the operations of the multinational corporations. ...

• Word Count: 821
• Approx Pages: 3
• Has Bibliography
• Grade Level: Graduate

Hence, these are necessary to have high incomes.Nevertheless, 75 percent of the total stock and 60 percent of the flow of FDI (foreign direct investment) stayed in the most powerful regions e.g. in North America, European Economic Area and Japans. ... He also shows the independent way stating that developing countries must be making national policies by national govenrments to prevent global institutions" and other national governments" benefit. ...

• Word Count: 751
• Approx Pages: 3
• Has Bibliography
• Grade Level: Undergraduate