ECON-2006EG Study Guide - Quiz Guide: Joseph Stiglitz, World Trade Organization, William Easterly
15 Jun 2021
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In the poorest nations on earth, the reputation of large mnes from the world"s most developed countries was shaky at best. In the court of public opinion, their (the mnes) rational, abstract, or legalistic arguments were swamped by an overarching view of. Western multinational companies operating out of greed, arrogance and self-interest. They were seen as hammers driving home a widening wedge between the haves" and the have nots". Partly as a result of this growing distrust of mnes, a popular groundswell against globalization began to gather strength in the early years of the 21st century. Before that, globalization was associated with growth and new opportunities. To people in the poorer countries the growing gap between the rich and the poor offered clear evidence that globalization" was just the latest term for their continued exploitation by the developed world through the agency of mnes. In 1999 they blocked the wto meeting in seattle with some other protestors.
