Globalization & Poverty: arguments for and against TNCs.

Objectives:

Debate on TNCs and poverty reduction.

Have notes with examples for both arguments to use for lesson plan.

Globalization

Pros:

Increased trade

Shared technology &

information

Communication

Diplomacy

International law

Cons:

•Loss of sovereignty

•Increased power of TNCs

•Unstable financial system

•Erosion of tradition

•Erosion of diversity

•Global terrorism

Debate

Questions to Answer:

Do TNCs provide growth & investment in developing countries?

Do TNCs promote good practice?

Do TNCs work with local people?

Are TNCs good for poverty reduction?