The Decentering of the Global Firm

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World Economy, 32:9 (September 2009), 1271-1290.

Almost 20 years ago, Robert Reich questioned how firms are linked to nation states by posing a provocative question, ‘Who is Us?’. Reich argued that a nation’s interests could be advanced by firms from various nations and, indeed, that a firm’s national identity no longer guaranteed that it would advance the economic interests of a particular country. For example, a foreign firm with substantial investments in the United States may well be better for America than an American firm with most of its operations abroad.

mihir-desai-headshot

Mihir Desai's academic publications have appeared in leading economics, finance, and law journals. His work has emphasized the appropriate design of tax policy in a globalized setting, the links between corporate governance and taxation, and the internal capital markets of multinational firms. His research has been cited in The Economist, BusinessWeek, The New York Times, and several other publications.