The "selling" of the American economy -- The invisible worker -- Foreign capital -- Not in my backyard -- Not in Washington's backyard, either -- Foreign owners, American management -- The welcome mat -- The race between the states -- View from the top -- The new face of the American economy

This paper investigates the effects of multinational corporations on labor standards. We argue that the previous literature has failed to distinguish the different motives that encourage firms to become multinational. Therefore, we build a stylized model of segmented labor markets with...

Executive summary -- Overview -- The role of US multinationals in the US economy and the evolution of their domestic operations -- Outward FDI by US multinationals: implications for US jobs, exports, and investment -- Globalization of R&D by US multinationals: implications for US prosperity --...

The proposed OECD Pillar One and Two reforms mark a significant shift in the way large multinational enterprises are taxed on their global incomes. However, while considering the reform at the proposed scale tax administrators must be able to compare the revenue gains with alternatives. This...

"International taxation rules allow Apple, Starbucks, and Nike to avoid billions of dollars of taxes. News stories have focused on tax dodging in developed countries, but developing countries lose at least $200 billion per year in tax revenue. In the Global South, an international tax regime...