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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.
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