BU491 Chapter Notes - Chapter 8: Deepwater Horizon Oil Spill, Force Works, Emerging Markets

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14 Apr 2015
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As a result of a growing distrust of mnes, a popular groundswell against globalization began to gather in the early years of the 21st century. The increasingly apparent reality was that far fewer developing countries has seen the benefits of this much-discussed tidal wave of trade and investment. As a result, delegates from a number of developing nations agreed to block what they saw as unfair rules being imposed by richer nations at the world trade organization meeting in seattle in 1999. The eyes of many in the international community began to turn toward the mnes to provide at least a part of the solution to the intractable problems that many developing countries faced. For the mnes, the immediate challenge has been to decide how to respond to the growing public resistance to the globalization forces that drove their growth and expansion during the previous half century.

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