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RSS NigelScholte

Reward Points:6
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6 most recent arguments.
1 point

Lol ya. You live here, there are multinationals all over the place. They brought exposure to Dubai, bringing in expatriates and cultures from all over the world etc. If you want a specific example, take international schools here. Because of all the expatriates that MNC's brought to Dubai, these homies had to go to school, so they set up a bunch of international schools here, like ASD DAA GWA, which increases access to top notch international education in this country. Hence, there is a variety of top notch education in Dubai, which is increasing to public schools because they can see where they are lacking, and that is down to FDI

3 points

It can also be argued that FDI increases awareness and speeds up social development. There is a certain country that had amongst the cruelest labour practices of the world a mere decade ago, and this was done mainly by the multinationals who took advantage of the lack of labour laws present in the country. However, it was also the foreign press that recognised the treatment of these labourers, and labour conditions in that country have improved significantly. It was due to international outcry that labour conditions in the country not only improved but got better than they were before the FDI, showing how FDI can speed up social development.

3 points

Can you support the correlation between Shell operating in Nigeria and their HDI level going up? As in, how has Shell specifically increased Nigeria's life expectancy, access to education, and health care among other things ?

2 points

Which is my argument. The UAE became a developed country because it combined FDI with a strong government. Somalia, with its conflict and decentralised government, would not be fit for FDI, and hence does not receive much (World Review). Only now that Somali has been working to crush its pirate problem and create a stable government are companies considering them for FDI.

4 points

Can you provide evidence as opposed to theory ? The points you make are decent but there isn't any concrete evidence you use to support them

3 points

FDI can do wonders if it country that is receiving the investment goes about it well. It is logical that foreign countries are going to try and exploit the people in the country, but that is why the country must take protective measures against this sort of exploitation. For example, the UAE has several laws in place that have not only attracted foreign companies but also kept them there, in addition to advancing the welfare of its own people. One of those laws is the 51-49 rule, where, unless one runs a company in a free zone, he or she must hand over 51% of the company to an Emirati, thus empowering Emirati citizens and giving them resources to advance their own lives

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