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Past Event

Global goliaths: Multinational corporations in the 21st century economy

Past Event

Multinational corporations are responsible for a huge slice of global employment, investmentand research. To some, they are malevolent monopolizers that exploit labor and avoid taxes. To others, they are engines of innovation and efficiency, contributing to global prosperity. In an effort to elevate the sometimes contentious public debate over the conduct and operation of multinational corporations and policy towards them, the new edited volume, Global Goliaths: Multinational Corporations in the 21st Century Economy, published by Brookings Institution Press, examines key questions about their role in their home countries and in the rest of the world where they do business.  

On April 20, the Hutchins Center on Fiscal & Monetary Policy hosted an event to celebrate the release of “Global Goliaths.” It opened with an overview of the role of multinational corporations in the modern economy, followed by a panel discussion on the impact of multinationals on jobs: Do multinational corporations export jobs? Do they exploit workers? Do U.S. and European multinationals contribute to home country employment? A second panel on taxation of multinationals followed. What, realistically, is the potential to raising more revenue from multinational corporations? And is that a good idea?

During the live event, viewers submitted questions for panelists at using the code #GlobalGoliaths, or join the conversation on Twitter using the hashtag #GlobalGoliaths. 

Global Goliaths: Multinational Corporations in the 21st Century Economyis available for purchase now in print and e-book. To see highlights from the book, including an overview of multinational corporations and principles for policymakers, visit this page.


Overview of multinational corporations

C. Fritz Foley

André R. Jakurski Professor and Senior Associate Dean for Strategic Financial Planning - Harvard Business School

Session Materials

Multinational corporations’ impact on jobs

David Levine

Professor of Business Administration - Haas School of Business, University of California, Berkeley

Lindsay Oldenski

Associate Professor - Georgetown University School of Foreign Service


Matthew Slaughter

Paul Danos Dean and Earl C. Daum 1924 Professor of International Business - Tuck School of Business at Dartmouth

Multinational corporations and taxes

Michelle Hanlon

Howard W. Johnson Professor and Professor of Accounting - Massachusetts Institute of Technology


James R. Hines

Richard A. Musgrave Collegiate Professor of Economics and the L. Hart Wright Collegiate Professor of Law - University of Michigan

More Information

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