Ok.. let me simplify it..
ok.. siimpliefied version.. :
Globalization... economies opening up.. Lot of companies moving their base to other countries. Outsourcing happening big time.
Reasons for companies moving to countries like India, Phillipines, etc is that they're cheaper.// but also, things like safety laws, environment laws,, etc are not strict..(infact pretty shitty)
Another thing that attracts companies is infrastructre.
The main part of the topic is quite simple.. I just need some diff perspectives and opinions.( few hrs to go)..
-In a situation like this... how does a country attract companies to them? ..
-Also.. while doing this.. how do they prevent passing on too much political and economic power to these foriegn companies.. (we know what happens in INdia with big companies.. they get away with a lot..also. the Govnm wants their tax money and the provide employment to thousands of ppl.. giving them a lot of Power in terms of votes in a certain area..)
-Another this is.. supposes infrastucture is privatised.. in order to keep up with the demand and internation standards... also generate tax revenue and stuff... Will it help the country in the long termm... (Because privatisation of Infrastucture has its risks.. imagine roads all owned by reliance, and elctricity, and phones.. which might be happeing soon enough.. WHo woul have the Power then?)
And lastly... a very important thing to consider is.. How to prevent these HUGe Global Companies from crushing tiny competitors in the country, and other bad business practises that they can do... because of their size and money?
So.. thats IT>.
Your all damn Smart bugger.. Would love to hear your opinions on this...
THANKS
Globalization... economies opening up.. Lot of companies moving their base to other countries. Outsourcing happening big time.
Reasons for companies moving to countries like India, Phillipines, etc is that they're cheaper.// but also, things like safety laws, environment laws,, etc are not strict..(infact pretty shitty)
Another thing that attracts companies is infrastructre.
The main part of the topic is quite simple.. I just need some diff perspectives and opinions.( few hrs to go)..
-In a situation like this... how does a country attract companies to them? ..
-Also.. while doing this.. how do they prevent passing on too much political and economic power to these foriegn companies.. (we know what happens in INdia with big companies.. they get away with a lot..also. the Govnm wants their tax money and the provide employment to thousands of ppl.. giving them a lot of Power in terms of votes in a certain area..)
-Another this is.. supposes infrastucture is privatised.. in order to keep up with the demand and internation standards... also generate tax revenue and stuff... Will it help the country in the long termm... (Because privatisation of Infrastucture has its risks.. imagine roads all owned by reliance, and elctricity, and phones.. which might be happeing soon enough.. WHo woul have the Power then?)
And lastly... a very important thing to consider is.. How to prevent these HUGe Global Companies from crushing tiny competitors in the country, and other bad business practises that they can do... because of their size and money?
So.. thats IT>.
Your all damn Smart bugger.. Would love to hear your opinions on this...
THANKS

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