Conflict in Sierra Leone -Research Paper- Research Paper

Conflict in Sierra Leone - - - Research Paper ExampleThe role of MNCs and FDI in both ontogenesis and developed countries cannot be disputed however, they have a participatory and perpetuating role in the conflicts within mineral rich regions of the world, such as Sierra Leone. The place of Multi topic Corporations in the Sierra Leone Conflict Introduction Natural resources have been a very critical source of national wealth and pride since the inception of regionalization and the pre-colonization era. Nations and civilizations alike have gone to war both internally and externally for the sole occupation over and exploitation of natural resources. Under the modern globalized art environment, countries endowed with natural resources ranging from minerals, oil, wildlife, gas and so forth have been able to accrue revenues from exploration and trade of said minerals with other countries of the world. Foreign exchange realise from the legitimate trade in the resources has been a cri tical drive for economic development providing employment and revenues to governments for the provision of essential public services including education, infrastructure and national security. Another significant impact of the globalization of trade and production, as well as the relative ease of mobility of capital compared to labor, is the emergence of business entities that are operated crosswise borders, regions and continents but have a central office in the homeland from where all its global management is conducted. Such entities are often referred to as international or transnational corporations or enterprises (Garry & Litan, 1998). A more accept definition of multinational corporations (MNCs) would perhaps best be obtained by linking the business organization to the attribute of trade that it is involved in. Therefore, this being the case, a multinational corporation is a firm that has created a global presence by participating in direct foreign investments, in specific o r several industries. Such global often private firms and international institutions are presently observed to be direct actors and vital agents for the transformation of the state, region and international political, social and economic environment. The question, therefore, is How do MNCs develop ties with government, if such ties even exist? In an ever increasing war-ridden landscape, countries of all levels of development particularly through their governments are emphasizing policies and channeling resources into new ways of attracting foreign direct investments into their countries. This is in line with the high prioritization of both little and macroeconomic goals including sustained high levels of economic growth, stability of inflation and foreign exchange, increased employment and improved standards of living for the summarise population. Multinational corporations play a significant role in the efficiency and growth of the economy by contributing to the availability of capital resources for global investment purposes (Held & McGrew, 2007). Sierra Leone is located at the south-western part of West Africa between the seventh and tenth latitudinal parallels north of the Equator. It has a land mass measuring approximately 71,740 square kilometers and a total coastline of 402 kilometers (www.nationsencyclopedia.com, 2012). It is most difficult to measure the exact population in Sierra Leone due to the long and deadly civil war that mushroomed since 1991, stretching to the early