Policy Perspectives

MNCs and TNCs: Their Role and
Socioeconomic Impact on Host Societies
 Khalid Rahman

Abstract
[The prime motivational forces behind globalization are the giant economies of the world: developed countries and multinational companies (MNCs). The host societies have their reservations about the perceived effects on their own economies. The role of these big economies in expediting the process of globalization calls for a scrutiny of the whole development.

This paper attempts to gauge the role of MNCs in influencing the decision making at the world stage and to study how the globalization will affect the poor countries. The paper analyzes the strengths, tools and strategies of the MNCs for extending their influence on the global affairs and traces out how the MNCs impact the host societies. Some recommendations to address the situation follow at the end. – Author]

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