Are the negative effects worth it as a cost of developing, or is there a better way to raise the Global South’s level of development?

Some observers argue that, in light of the Global South being so far behind, any positive results from multinational/transnational corporations are a good thing, even if they come with negative consequences as well. Are the negative effects worth it as a cost of developing, or is there a better way to raise the Global South’s level of development?

Answers should be as thorough as possible, including, using all pertinent historical concepts, doctrines, figures, and theoretical constructs set forth in all class discussions and reading assignments.

Properly cite all materials that are not public knowledge that are used in your answers using either the University of Chicago or Modern Language Association (MLA) style guidelines. The length of the entire test should be between seven (7) and fifteen (15) pages.

Are the negative effects worth it as a cost of developing, or is there a better way to raise the Global South’s level of development?
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