Businesses Polluting In a Third World Country Essay

Businesses Polluting In a Third World Country - Essay eventThis paper illustrates that businesses might choose to obey the rules that regulate pollution or risk the chance of be penalized for not obeying the pollution rules. Considering the financial requirement of the penalty in comparison to fixing the problem, most businesses would instead pay the smaller penalty, than fix the problem. This is usually exacerbated by the fact that majority of most environmental problems argon not addressed by the government. The existing regulations are neither implemented fully nor the penalties punitive enough. For instance, an American Company established in an African country would find it easy to pay fines imposed on them as the exchange rate favors them. Equally, the cost of fixing the problem, such as moving a grind from a populated mining area is too high compared to the fine imposed on the same. Thirdly, businesses in the third world find it easy to pollute because their home environm ent is not affected. This is usually the case chiefly because the existing regulations and repercussions are inferior to those in their home country. The third world governments are in addition to blame for the increase in such activities because with poorly implemented rules and regulations, the majority of authorities are easy compromised can accept bribes. Some companies bent on polluting the environment and failing to take responsibility opts to captivate the local authorities through bribery and sweet deals that they cannot refuse. As a result, the regulations are imposed unfairly hence exposing the country to ultimate disintegration. Third World countries (also known as the least developed countries), in addition to their poor economic conditions also suffer from the effects of extremely poor environmental conditions. As governments strive to address the most basic of their fundamental needs (food, clean water, and healthcare), pollution and other multitudinous environment al problems are neglected with pollution primarily remaining unrestricted.