This research will begin with the statement that the multinational business enterprise and its attendant economic phenomenon of globalization have become ubiquitous in the new neo-liberal world order of the last few decades. However, all too often, these enterprises’ activities have lacked prudence and foresight in terms of the consequences for the local populations. Moreover, the loopholes of international business law allow these companies to go scot-free and evade accountability toward the citizens of the countries in which they operate. Globalisation per se can either be beneficial or disadvantageous to a particular country. But, recent evidence suggests that there are more cases of the latter than the former. The culmination of this discontent among the masses of lesser developed regions of the world seems to fuel the fire of trans-national terrorism. This essay tries to find how far true the criticisms directed at the phenomenon of neo-liberal globalization are, and how much it is culpable for the propagation of terrorism. The primary criticism leveled against globalization is its lack of accountability toward the local and broader communities in which it functions. While financial analysts can accurately evaluate the values of tangible assets, more often than not the measure of intangible consequences of a business corporation’s operations are not accounted. For example, let us take a company that out-sources manufacturing of cosmetics to a developing country.
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This paper is a literature review targeted at analyzing the following statement: Globalisation has exacerbated the problem of trans-national terrorism. Giving suitable examples, the researcher of this essay aims to explain why this might be so…
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2 pages (500 words)Essay
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