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Global Goliaths

Multinational Corporations in the 21st Century Economy
Authors/Editors:
Publisher:
 2021

Summary

How multinationals contribute, or don't, to global prosperity

Globalization and multinational corporations have long seemed partners in the enterprise of economic growth: globalization-led prosperity was the goal, and giant corporations spanning the globe would help achieve it. In recent years, however, the notion that all economies, both developed and developing, can prosper from globalization has been called into question by political figures and has fueled a populist backlash around the world against globalization and the corporations that made it possible.

In an effort to elevate the sometimes contentious public debate over the conduct and operation of multinational corporations, this edited volume examines key questions about their role, both in their home countries and in the rest of the world where they do business. Is their multinational nature an essential driver of their profits? Do U.S. and European multinationals contribute to home country employment? Do multinational firms exploit foreign workers? How do multinationals influence foreign policy? How will the rise of the digital economy and digital trade in services affect multinationals?

In addressing these and similar questions, the book also examines the role that multinational corporations play in the outcomes that policymakers care about most: economic growth, jobs, inequality, and tax fairness.

Keywords



Bibliographic data

Copyright year
2021
ISBN-Print
978-0-8157-3855-8
ISBN-Online
978-0-8157-3856-5
Publisher
Rowman & Littlefield, Lanham
Language
English
Pages
backcover1
Product type
Edited Book

Table of contents

ChapterPages
    1. Table of Contents No access
    2. Acknowledgments No access
  1. Multinational Activity in the Modern World No access Pages 1 - 32
  2. The Structure of Multinational Firms' International Activities No access Pages 33 - 88
  3. Multinational Firms' Market Entry and Expansion, with Evidence from Eastern Europe No access Pages 89 - 128
  4. The International Market for Corporate Control No access Pages 129 - 182
  5. The Corporate Finance of Multinational Firms No access Pages 183 - 226
  6. Do Multinational Firms Export Jobs? No access Pages 227 - 256
  7. Do Multinational Corporations Exploit Foreign Workers? No access Pages 257 - 298
  8. The New Global Invention Machine: A Look Inside the R&D Networks of U.S. Multinationals No access Pages 299 - 336
  9. Multinationals in the Digital Economy No access Pages 337 - 360
  10. Tax Avoidance and Multinational Firm Behavior No access Pages 361 - 436
  11. Do Multinational Firms Use Tax Havens to the Detriment of Non-Haven Countries? No access Pages 437 - 496
  12. Multinational Corporations and Their Influence through Lobbying on Foreign Policy No access Pages 497 - 536
  13. Principles for Policymakers No access Pages 537 - 546
  14. Contributors No access Pages 547 - 554
  15. Index No access Pages 555 - backcover1

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