Progress in reducing global poverty has been observed to be more closely associated with investments by MNEs than it has with the foreign aid efforts of national governments and non-governmental organizations that have historically demonstrated a lack of business experience.

Question

Quizplus · Accepted Answer

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 numerous developing countries faced.In financial power alone,the World Bank estimated that the net inflows of FDI into low and middle income countries in 2015 was about $1.4 trillion,nearly five times the amount of foreign aid and development funding flowing into that same group of countries.

Progress in Reducing Global Poverty Has Been Observed to Be