When a multinational operates different business models in different markets, a trade-off typically exists between local-market adaptations and cross-market economies of scale and scope. How do country managers navigate these trade-offs and the tensions inherent in developing and operating such...

The international tax framework has undergone several changes that present constraints to the use of tax incentives. This Perspective highlights these constraints and explores the potential opportunities, beyond the corporate tax realm, available to countries to attract foreign direct investment.