Economic Impact of MNC on development of developing nations

The academic book "Economic Impact of MNC on Development of Developing Nations" offers a comprehensive analysis of the effects of multinational corporations (MNCs) on the development of emerging countries, with a particular focus on Kenya. The study examines key issues such as job creation, poverty reduction, and dependency, as well as the role of foreign direct investment. By historically reviewing global investments, it traces the development of small businesses into large multinational corporations, while also addressing challenges such as capital flight. The research is based on empirical theories of international business and provides valuable insights for decision-makers who must weigh whether to continue relying on MNCs or to promote local businesses for sustainable development. The study was conducted in Nairobi and refers to a variety of multinational companies based in the region.