The impact of the multinational corporations on leading issues and policy making in less developed countries : (a case study on Kenya)

The era of Multinational Corporations (MNCs) is so significant in the development of the Less Developed Countries (LDCs) as was the era of the Industrial Revolution in the development of the now More Developed countries (MDCs). It could be referred to as one of the major economic frontiers in the LDCs as is the computer frontier in the MDCs now. Naturally therefore, there are problems of distrust, fear of eventual crisis, uncertainty of the correct path and a pain in policy making. Coupled with the North/South delicate relationship, the MNC's (which mostly comes from the North) acceptability in LDCs (which are in the South) is of mixed feelings. In this paper therefore we shall explore some of the problems affecting the MNC/LDC relationship. Thus, among the questions to ponder on are what has been the impact, is it harmful or beneficial, do all MNCs have the same impact and how does each party interpret each impact? These ques~ tions often end up in accusations between MNCs and LDCs in general without devouring each other. But not without a loss of resources especially time and extra costs involved in speculations on each other as well as cushioning of uncertain events that one party suspects of the other.