LIST OF REASONS

Multinational corporations (MNCs) play a pivotal role in the economic development of many nations, particularly in developing economies, and scholars have long debated their merits and demerits . On one hand, these corporations are widely recognized for the influx of foreign direct investment they bring into host countries. This investment not only contributes to capital inflow but also stimulates overall economic growth by creating job opportunities and fostering infrastructure development. When an MNC establishes operations in a developing country, it often requires significant initial capital to build factories, offices, or distribution centers. This capital investment is recorded as an inflow on the financial account of the balance of payments, thereby increasing the country’s productive capacity and spurring further economic activities. The Harrod-Domar model of growth, which highlights the importance of investment in determining economic growth, reinforces the argument that fore...