Global Production, Consumerism, Supply Chain, and Rural Economy in Africa
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Springer Nature
Abstract
Description
Multinational Corporations usually carry out global production, which involves
the multinational companies fragmenting their operations in different places,
countries, and areas, establishing every phase of manufacture in nations where
it is doable at a very low cost. In most cases, the rural areas are used to grow
some of the raw materials needed for production by the multinational
cooperation. The question remains, what is the state of this rural environment
and economy used by multinational corporations for growing their raw
material? Are they improving or worsening the condition of the rural
economies? What is the relative contribution of multinational companies to
the rural economies? Are these rural areas used while there are persistently
high poverty levels and other downturns predominating the rural economies?
This paper seeks to answer the above questions. It also examines the impact
of multinational corporations’ activities on Africa's rural economy (Using
Nigeria as a case study).
Keywords
H Social Sciences (General), HE Transportation and Communications