host countries
If the money doesn't get to the poor in the host countries, that's usually due to their leadership, not to any specific U.S. or corporate policy. You'll note that the nations we get oil from aren't exactly burning camel dung for fuel any more.
Nowadays, there are a lot more cases of foreign investment helping Third World countries rather than making them worse.
In any case, I think my main point was about the perceptions and prejudices of the author.