Proceedings of the 2024 2nd International Conference on Finance, Trade and Business Management (FTBM 2024)

Globalization and the Right to Livelihood: A Study of the Impact of Multinational Enterprises’ Resource Extraction in Developing Countries

Authors
Siyuan Chen1, *
1Collage of Law, Ocean University of China, Qingdao, Shandong, 266000, China
*Corresponding author. Email: chensiyuan1313@stu.ouc.edu.cn
Corresponding Author
Siyuan Chen
Available Online 27 October 2024.
DOI
10.2991/978-94-6463-546-1_10How to use a DOI?
Keywords
MNEs; Resource Extraction; Human rights; Case study
Abstract

In recent years, with the acceleration of the process of globalization and the growth of resource demand, it is increasingly common for multinational enterprises (MNEs) to carry out resource exploitation activities in developing countries. However, these activities pose a threat to the survival of local residents. Therefore, this paper takes the impact of resource exploitation activities of MNEs on the right to life of residents in developing countries as the research theme, and adopts comprehensive literature review and case analysis methods. By collecting, sorting out and analyzing relevant literature, we can understand the status quo and influence mechanism of resource exploitation activities of MNEs. Meanwhile, it selects several developing countries resource exploitation cases, analyses its influencing factors, and puts forward the corresponding countermeasures. It is found that resource exploitation activities of MNEs have promoted economic growth and employment opportunities in developing countries to a certain extent, but have also brought environmental pollution, social conflicts and resource depletion and other problems. Some MNEs have failed to effectively fulfill their social responsibilities during the mining process, leading to strained relations with local governments and communities. In order to alleviate this problem, MNEs should improve the self-discipline mechanism, strengthen their own supervision, and enhance the awareness of corporate social responsibility. Additionally, the government, social organizations and the international community should work together to strengthen supervision and norms, promote enterprises to practice the concept of sustainable development, and achieve a win-win situation of resource exploitation.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2024 2nd International Conference on Finance, Trade and Business Management (FTBM 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
27 October 2024
ISBN
978-94-6463-546-1
ISSN
2352-5428
DOI
10.2991/978-94-6463-546-1_10How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

TY  - CONF
AU  - Siyuan Chen
PY  - 2024
DA  - 2024/10/27
TI  - Globalization and the Right to Livelihood: A Study of the Impact of Multinational Enterprises’ Resource Extraction in Developing Countries
BT  - Proceedings of the 2024 2nd International Conference on Finance, Trade and Business Management (FTBM 2024)
PB  - Atlantis Press
SP  - 85
EP  - 100
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-546-1_10
DO  - 10.2991/978-94-6463-546-1_10
ID  - Chen2024
ER  -