Discuss the extent to which foreign multinational enterprises have Research Paper

Discuss the extent to which foreign multinational enterprises have contributed to technological development in a specific indust - Research Paper Example 23-37), which have now become essential forces behind survival and success of a country internationally. Literature and course readings (Cantwell, 2001) have indicated that multinational enterprises are equipped with a number of tools through which it promotes innovation and development across nations, especially developing countries, such as trade, ventures, collaborative efforts, etc. Among these options, one major actor that plays a significant role is foreign direct investment that is also known as FDI (Balasubramanyam & Salisu, 1996, pp. 92-105). It has been an observation that for developing countries, FDI does not only bring business to the country but it also enables multinational enterprises to bring in their technologies, as well as assets from abroad that results in extraordinary outcomes for the country itself (Blomstrom & Kokko, 2003, n.p). This incoming of assets is one of the fundamental reasons that incline developing countries to give value to foreign direct investme nts in their regions. ... Particularly, economic development is not a simple notion, which has often been limited to economic progress of a country in terms of its GDP; however, analysis (Borensztein & Lee, 1995, pp. 115-124) has indicated that economic development revolves around economic, as well as social advancement of a country that often does not allow quantitative analysis. Thus, experts usually overlook aspects, such as social justice, political freedom, etc that directly or indirectly results in enhancement of standard of lifestyles of country’s population. One can understand this relationship of FDI with economic development of a country by considering evidence (Borensztein & Lee, 1995, pp. 117-131) that shows that countries with higher rate of economic growth are more likely to develop rapidly in the sectors of education and health resulting in progression in the political system, and subsequently, allocation of wealth and rights. In this regard, while one cannot quantify the relationship of economic growth and social development, it is evident that economic growth creates a positive environment for social progress, and this relationship analysis gives an idea of the role of multinational enterprises through their foreign direct investment in economic development that is holistic development of a country. Discussion In order to exemplify understanding of the above relationship, this section of the paper will include efforts of the research to analyse the role of multinational enterprises that they have been playing by contributing towards technological development in industrial sector of India. Although globalisation (Barnes & Kaplinsky, 2000, n.p) has resulted in an overflow of knowledge and information, developing countries, such as South Africa, India, etc are now depending

Causal Argument Essay Example | Topics and Well Written Essays - 1500 words

Causal Argument - Essay Example In the course of the ruling, the regulation was improved to permit States to opt-out of growing admission to Medicaid (Troy 30-32). The law necessitated all American citizens to have a health insurance plan by 2014 with an option of paying a month fee for every month short of minimum necessary coverage. The health plan was shared responsibility, which was unofficial to individual’s mandate. Supreme Court administrated it to be a tax plan but rather not a mandate by ruling June 28, 2012 (Troy 30-33). The healthcare law does not alter the approach to which insurance is obtained, since people can still purchase private insurance, acquire employer-established insurance, and acquire healthcare insurance plan via government programs like Medicaid or Medicare. However, the Obama Care only adds new ways of purchasing the insurance cover and plans. According to the law, insurance can only be purchased through state health insurance marketplaces where the insured obtain cost assistance and acquire apples-to-apples evaluations of plans (Hollander 1). According to the law, each insurance cover categories have their open enrollment times, consequently making certain categories of insurance plan to be purchased only during specific period of the year (Hollander 1). The Health Care Act is a problem to some quotas of the Americans who view it as expensive while others view is at cheaper. It necessitates all American citizens to buy a private health care insurance plan, get immunity or remit a tax fine on their end year taxes. According to the law, citizens who are unable to afford health insurance cost either qualify for Medicaid, Medicare, CHIP or acquire support in the formula of tax credits or support with the up-front costs via their State’s Health Insurance Exchange Marketplace (Wear 17-20). Those who cannot afford even after assistance especially when the insurance cost is more than 8 percent of their families