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Developing countries are often very vulnerable to exploitation by multi-national corporations. They support industrialization but lack of infrastructure is a major limiting factor. Further, without suitable laws and regulations, developing nations are ill prepared for such endeavours. In their efforts to attract business, these nations often overlook the health and safety violations by the corporations doing business within their borders. Drawn by low-cost labour, new markets, and lower operation costs, corporations have little incentive to address environmental and human risks once they are entrenched. In this situation there is imminent threat of disaster. Discuss some feasible strategies to balance economic development and safety and security of people at large in developing countries with special emphasis on India. 10 marks

Written by

Parth Verma

in

Mentor’s comment-

  • In the introduction briefly discuss the case study.
  • In the body,  discuss the character of MNCs first with specific examples showing their disregard for human welfare. Then discuss various mechanisms at national and global level to address the deficiencies in policies and institutions.
  • Conclude with a fair and balanced solution.

Comments

2 responses to “Developing countries are often very vulnerable to exploitation by multi-national corporations. They support industrialization but lack of infrastructure is a major limiting factor. Further, without suitable laws and regulations, developing nations are ill prepared for such endeavours. In their efforts to attract business, these nations often overlook the health and safety violations by the corporations doing business within their borders. Drawn by low-cost labour, new markets, and lower operation costs, corporations have little incentive to address environmental and human risks once they are entrenched. In this situation there is imminent threat of disaster. Discuss some feasible strategies to balance economic development and safety and security of people at large in developing countries with special emphasis on India. 10 marks”

  1. Samiksha Tiwari Avatar
    Samiksha Tiwari

    tiwarisamiksha6@gmail.com

    1. Parth Verma Avatar
      Parth Verma

      Hi Samiksha
      Your complete introduction is in one sentence, refrain from long sentences.
      Use of flow chart is appreciable, but below the flow chart, always mention what your chart is depicting.
      Measures are discussed in a decent manner.
      Good conclusion.
      Avoid using unnecessary capital alphabets in between of a sentence.
      Keep writing !