Multinational companies are becoming increasingly common in developing countries. What are the advantages and disadvantages of this?

Multinational firms are getting more ubiquitous in

third

-world nations.

Firstly

,

this

essay will discuss its benefit being more locals are able to find jobs.

Secondly

,

this

essay will discuss its problem being the

environment

will suffer, followed by a reasoned conclusion. With more multinational corporations setting up shop in

such

countries, the

employment

rate of these countries will improve.

This

is because these businesses need to hire people as they operate in these countries. More job positions will

thus

open and more individuals will be able to find

employment

.

For instance

, Vietnam has enjoyed an increase in

employment

rate of 20% since a decade ago.

This

is due to more multinational companies investing in Vietnam.

However

,

this

also

has repercussions on the

environment

and the people’s health.

Third

-world countries tend to see economic growth as a key priority rather than

conservation

Suggestion

the conservation

of the

environment

.

As a result

, laws pertaining to the protection of natural resources, if any, are lax. Firms

then

have the freedom to pollute more and

this

can have spill-over effects on the locals.

For example

, Malaysia’s air quality has suffered over the past few years as companies are continuously releasing toxic gases.

This

has

also

led to the increase in

number

Suggestion

the number

of lung cancer patients by 10%. In conclusion,

more large

Suggestion

larger

firms setting up branches in

third

-world countries can be seen as a good thing as it improves

employment

rates within the country. Yet,

this

comes

Suggestion

has come

at the expense of the

environment

. For its benefits to be fully reaped, strict environmental laws should be enforced to conserve these countries’ natural

environment

.