Post
Topic
Board Economics
Re: MNCs and it’s impact on developing countries.
by
White pawn
on 20/10/2022, 14:42:09 UTC
the best trained managers with the right skill best suited for the job

It’s impact on developing countries.

Multi-national companies use developing countries as their base ground for manufacturers or we can say for labor forces. Cheap labor, cheap land, and cost-effective transportation are some key points that make developing countries a hot cake for multinational companies. All the telecom companies in Bangladesh are owned by foreign companies. 

Totally agree with you. Multinational companies only target developing countries to be able to make them as cheap production sites and as potential markets. However, even so, we cannot deny that the presence of MNC's greatly helps the development of technology and economy in developing countries.

MNCs set their targets on developing countries not only for the cheap labor and production sites. Like you said, there is potential markets in these countries as well.
We also cannot deny the presence of these MNCs also contribute in its own way to the growth of the host countries.