The country I have chosen to explore and discuss in this paper is the Dominican Republic. The topic I will be discussing is development in the country of Dominican Republic through neoliberal globalization, transnational corporations, the government and how it has affected citizens. I ultimately decided to explore this topic through my research. I researched globalization and how it has affected Dominican Republic. I came upon two sources for my information an article by Diego Sanchez “Domestic Capital, Civil Servants and the State: Costa Rica and the Dominican Republic under Globalisation”. This article discusses how transnational corporations and financial firms have affected the development of Dominican Republic. My second source “Reflections
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He explains how transnational corporations were controlling the current to poor communities in order to get more profit. Gregory explains how and why these companies were doing this “In fact, the recently privatized power distribution companies had been shutting down service in neighborhoods in the capital and elsewhere where collection rates were low. Intended to discipline a recalcitrant population and the Dominican government into paying newly inflated electric bills, the power outages had incited widespread, unrelenting protests throughout the country.” (2006). Although the country had new power plants being built and were developing better technology for electricity. The citizens of the communities were being charged more for the current and still living a life of …show more content…
It supports the idea that transnational corporations are now the principal economic actors. Also the idea that “producers, investors, and consumers think, advertise, purchase, and sell globally in markets that transcend permeable state boundaries”. The findings support these ideas by describing the conditions the people of Dominican Republic live in and how their lives have not developed the same way as their surroundings have. They have power plants, but most don’t have consistent power in their homes. The transnational corporations are the main economic actors, they control how the economy is for the people of Dominican Republic. Although they have access to the power plant, they are denied the benefits unless they pay more. The transnational corporations decide how the globalization and development affects their lives. These same corporations build new infrastructure and create new jobs, but limit the job opportunities for the residences. The people of these communities are not considered actors in the economy. The principal economic actors is now switched to transnational corporations. These corporations consist of different countries, Spaniards, French, the United States, and more. These countries no longer have to physically be present to invest and produce in foreign
He explains how transnational corporations were controlling the current to poor communities in order to get more profit. Gregory explains how and why these companies were doing this “In fact, the recently privatized power distribution companies had been shutting down service in neighborhoods in the capital and elsewhere where collection rates were low. Intended to discipline a recalcitrant population and the Dominican government into paying newly inflated electric bills, the power outages had incited widespread, unrelenting protests throughout the country.” (2006). Although the country had new power plants being built and were developing better technology for electricity. The citizens of the communities were being charged more for the current and still living a life of …show more content…
It supports the idea that transnational corporations are now the principal economic actors. Also the idea that “producers, investors, and consumers think, advertise, purchase, and sell globally in markets that transcend permeable state boundaries”. The findings support these ideas by describing the conditions the people of Dominican Republic live in and how their lives have not developed the same way as their surroundings have. They have power plants, but most don’t have consistent power in their homes. The transnational corporations are the main economic actors, they control how the economy is for the people of Dominican Republic. Although they have access to the power plant, they are denied the benefits unless they pay more. The transnational corporations decide how the globalization and development affects their lives. These same corporations build new infrastructure and create new jobs, but limit the job opportunities for the residences. The people of these communities are not considered actors in the economy. The principal economic actors is now switched to transnational corporations. These corporations consist of different countries, Spaniards, French, the United States, and more. These countries no longer have to physically be present to invest and produce in foreign