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No, even countries where exploitative multinationals contribute an insignificant portion to the economy can be prosperous if and only if they have low levels of
by Tabular-Iceberg 5y ago
No, even countries where exploitative multinationals contribute an insignificant portion to the economy can be prosperous if and only if they have low levels of corruption. Even if they have no natural resources, they still have people who can produce value that can be exported. But only if government officials don't steal all of it first. In a lot of places you can't start a company of any kind without paying tons of bribes.