What are the roles of the multinational corporations in the global economy? Is it good or bad?

1. As the world starts to globalize, it is accompanied by criticism of the current forms of globalization, which are feared to be overly corporate-led. As corporations become larger and multinational, their influence and interests go further accordingly. Being able to influence and own most media companies, it is hard to be able to publicly debate the notions and ideals that corporations pursue. Some choices that corporations take to make profits can affect people all over the world. What are the roles of the multinational corporations in the global economy? Is it good or bad?

Briefly discuss.

2. There is growing debate about globalization. It is occurring in many locations, most obviously in the streets of cities hosting the meetings of the World Trade Organization, International Monetary Fund and other global institutions. These street protests have some correspondence with discussions occurring in universities and governments, and in factories, homes and fields.

One important part of the debate about the interpretation of globalization concerns global income inequality. The question is whether income disparities are rising or falling. In other words, does global integration make the poor richer or poorer? Briefly discuss.