The abuse faced by developing countries at the hands of MNCs has now become almost unbearable. The international financial structure that accentuates the free market way of thinking, denationalization and a decrease in the involvement of the public sector is thwarting many developing and underdeveloped countries from sanctioning a fair and reasonable progress, on the basis of human rights. MNCs have uncountable funds, are only inclined to maximize profit, use the least amount of employees possible, jump from nation to nation without much consideration , import employees rather than using the local labor, and refuse to acknowledge the social requirements of the state they operate in. All these activities directly impact the socio-economic rights of the public. As a consequence of these elements and several other international monetary problems such as inadequate technology transmission, absence of external investment and the brain drain, various developing countries need guidelines in order to react efficiently to the circumstances.