Multinational Corporations

Can Companies Satisfy Shareholders and Stakeholders?
What should be the role of corporations in society? Discussion and debate on this issue have been ongoing for decades. More recently, however, the 2007-2008 global financial crisis unleashed a...
Does U.S. and EU Foreign Investment Need “Protection”?
European negotiators will be in DC next week for the third round of talks on the Transatlantic Trade and Investment Partnership (TTIP). While much of the media focus for these...
Too Big to Fail: A History
There has been a great deal of discussion concerning the fifth anniversary of the failure of Lehman Brothers. Just about anyone who knows anything about the event believes that allowing...
China: Mao or Markets?
Why is Chinese president Xi Jinping embracing his inner Mao at a moment when China’s new leaders are on the verge of launching a new wave of reforms to retool...
Putin Drops In, America Drops Out
For the first time in his third term, Russian president Vladimir Putin has visited Azerbaijan. The former Soviet republic is an emerging leader in the South Caucasus region, and Putin’s...
America’s Africa Opportunity
It would be easy to describe President Obama’s trip to Africa earlier this summer as a triumph of symbolism over substance. Much of the news reporting supported this impression, focusing...
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Snowden and China’s High-Tech Trade
Less than a month ago, former CIA employee and NSA contractor Edward Snowden left Hong Kong and remains in a Moscow transit lounge awaiting his next stop. Whatever the political...
Too Big To Free Ride
Since the 2008 financial crisis, there has been a continuing conversation on large banks and the idea of institutions that are “too big to fail” (TBTF). Anat Admati and Martin...
Google Recognizes Palestinian Statehood
Google’s stated mission is “to organize the world’s information.” But that’s not always as simple as providing the best Chinese takeout menu: in its attempt to classify vast amounts of...
The Cyprus-Crisis Culture Clash
On the surface, the Cyprus crisis was about money, but actually it was the result of conflicting political cultures: European, Greek Cypriot and Russian. The fissures exposed during the March...
The Rise and Fall of AIG
Maurice R. Greenberg and Lawrence A. Cunningham, The AIG Story (2013) 328 pp., $29.95. Maurice R. “Hank” Greenberg is former chairman of American International Group (AIG), which under his leadership,...
Saudi Money Shaping U.S. Research
Saudi Arabia’s oil reserves are expected to run dry in fifty years. This prospect has encouraged the Saudis to go shopping for cutting-edge science that can secure the kingdom’s future—at...