by David Wessel
First published 2021
Multinational corporations once promised to deliver prosperity across the globe through economic integration. Politicians and populist movements now question whether these corporate giants actually benefit all economies. David Wessel brings together expert analysis to examine the real impact of multinationals on both their home countries and the nations where they operate. The book tackles concrete questions about corporate behavior and outcomes. Do these firms need their global reach to generate profits? Do American and European multinationals create jobs at home? Do they take advantage of workers abroad? How do they shape foreign policy decisions? What changes will digital commerce bring to their operations? Wessel connects these corporate practices to the policy results that matter most to governments and citizens. The analysis covers economic growth, employment levels, inequality patterns, and tax system fairness.
Genres: business, politics, economics, social-issues, non-fiction
Vibes: thought-provoking
Tropes: investigative-journalism
583 pages · Paperback · Brookings Institution Press