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Matthew J. Slaughter

Adjunct Senior Fellow for Business and Globalization

Expertise

The economics and politics of globalization, multinational firms and capital markets, immigration, technological innovation, and the causes and consequences of the globalization backlash.

Programs

Center for Geoeconomic Studies

Bio

Matthew J. Slaughter is an adjunct senior fellow at the Council on Foreign Relations (CFR). He is associate dean and Signal Companies' Professor of Management at the Tuck School of Business at Dartmouth College and is also currently a research associate at the National Bureau of Economic Research. He serves on the academic advisory boards of the International Tax Policy Forum and the Tuck Center for Private Equity and Entrepreneurship.

From 2005 to 2007, Professor Slaughter served as a member on the Council of Economic Advisers in the executive office of the president. In this Senate-confirmed position he held the international portfolio, advising the president, the cabinet, and others on issues including international trade and investment, energy, and the competitiveness of the U.S. economy. In recent years he has also been affiliated with the Federal Reserve Board, the International Monetary Fund, the World Bank, the National Academy of Sciences, the Institute for International Economics, and the Department of Labor.

Professor Slaughter's area of expertise is the economics and politics of globalization. Much of his recent work has focused on the global operations of multinational firms, in particular how knowledge is created and shared within these firms and how their activities are structured across borders. He has also researched the labor-market impacts of international trade, investment, and immigration, and has studied the political-economy question of individual attitudes about globalization. This research has been supported by several grants from organizations including the National Science Foundation and the Russell Sage Foundation. Over forty articles by Professor Slaughter have been published as book chapters and in peer-reviewed academic journals.

He also co-authored the book Globalization and the Perceptions of American Workers. He currently serves in various editorial positions for several academic journals.

In addition to numerous presentations at academic conferences and seminars, Professor Slaughter has spoken to many audiences in the business and policy communities and he has testified before both chambers of the U.S. Congress. His work has been widely featured in business media such as Business Week, The Economist, Financial Times, Newsweek, Time, Wall Street Journal, and the Washington Post. He has been interviewed on many TV and radio programs such as CNN's Lou Dobbs Tonight and NPR's Marketplace. In recent years he has also served as a consultant both to individual multinational firms and also to several industry organizations that support dialogue on issues of international trade, investment, and taxation.

Professor Slaughter joined the Tuck faculty in 2002. Prior to that, since 1994, he had been an assistant and associate professor of economics at Dartmouth, where in 2001 he received the school-wide John M. Manley Huntington teaching award. Professor Slaughter received his bachelor's degree summa cum laude and Phi Beta Kappa from the University of Notre Dame in 1990, and his doctorate from the Massachusetts Institute of Technology in 1994.

Featured Publications

All Publications

Council Special Report No. 34

Global FDI Policy

Authors: David M. Marchick and Matthew J. Slaughter

In the past three years, many countries have adopted or expanded regimes to review inward foreign direct investment (FDI) for either national or economic security purposes, reducing the quantity and quality of global FDI flows. The policy recommendations in this report aim to correct this protectionist drift by proposing guidelines for how countries can better regulate FDI yet still reap its economic benefits.

See more in Global; Foreign Direct Investment

Op-Ed

The Immigrant Gap

Author: Matthew J. Slaughter
Wall Street Journal

Matthew J. Slaughter argues that our immigration policy keeps out many of the world’s best workers, and as a result threatens America’s competitiveness. The solution? Eliminate the cap on H1-B visas.

See more in Immigration; United States

Op-Ed

What Tata Tells Us

Author: Matthew J. Slaughter
Wall Street Journal

Ford Motor Company recently announced it will sell its Jaguar and Land Rover divisions to India's Tata Group. In this Wall Street Journal op-ed Matthew Slaughter argues that such foreign direct investment has long been a source of strength for the American economy. American policy makers should strive to make the U.S. a premier location for the dynamic, high-productivity activities of globally engaged companies—both insourcing companies and U.S. multinationals alike.

See more in Economic Development; Technology Transfer; United States; India

Op-Ed

Let's Have a Real Debate on Globalization

Author: Matthew J. Slaughter
Wall Street Journal

Many are viewing the UAW-GM strike as Exhibit A for how globalization damages America . Matthew Slaughter argues that America ’s automobile industry is a prime example of the aggregate gains generated by the dynamic and interrelated forces of trade, investment and technological change.  He questions how the presidential contenders will craft an American economic policy that both allows greater globalization and also spreads its gains as widely as possible.

See more in United States; Globalization; Elections

Foreign Affairs Article

A New Deal for Globalization

Authors: Kenneth Scheve and Matthew J. Slaughter

Globalization has brought huge overall benefits, but earnings for most U.S. workers -- even those with college degrees -- have been falling recently; inequality is greater now than at any other time in the last 70 years. Whatever the cause, the result has been a surge in protectionism. To save globalization, policymakers must spread its gains more widely. The best way to do that is by redistributing income.

See more in United States; Globalization; Labor

CFR Events

General Meeting ⁄ New York

U.S. Trade and Investment Policy: Report of a CFR-Sponsored Independent Task Force

Speakers:

Andrew H. Card, Bush School of Government and Public Service, Texas A&M University; Member,, Independent Task Force on U.S. Trade Policy, Edward Alden, Bernard L. Schwartz Senior Fellow, Council on Foreign Relations; Project Codirector, Independent Task Force on U.S. Trade Policy, Matthew J. Slaughter, Adjunct Senior Fellow for Business and Globalization, Council on Foreign Relations; Project Codirector, Independent Task Force on U.S. Trade Policy
October 17, 2011 7:45-8:00 a.m. - Breakfast
8:00-9:00 a.m. - Meeting

This meeting is on the record.

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General Meeting ⁄ Washington

U.S. Trade and Investment Policy: Report of a CFR-Sponsored Independent Task Force

Speakers:

Andrew H. Card, Acting Dean, Bush School of Government and Public Service, Texas A&M University; Task Force Co-Chair, Thomas A. Daschle, Senior Policy Adviser, DLA Piper US LLC; Task Force Co-Chair, Edward Alden, Bernard L. Schwartz Senior Fellow, Council on Foreign Relations; Task Force Co-Project Director, Matthew J. Slaughter, Adjunct Senior Fellow for Business and Globalization, Council on Foreign Relations; Task Force Co-Project Director

Presider:

David Wessel, Economics Editor, "Wall Street Journal"
September 19, 2011 8:30-9:00 a.m. - Breakfast Reception
9:00-10:00 a.m. - Meeting

This meeting is on the record.

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Corporate Meeting

World Economic Update

Speakers:

Vincent Raymond Reinhart, Resident Scholar, American Enterprise Institute for Public Policy Research; Former Director, Division of Monetary Affairs, Board of Governors of the Federal Reserve System, Matthew J. Slaughter, Adjunct Senior Fellow for Business and Globalization, Council on Foreign Relations; Associate Dean, MBA Program, and Signal Companies' Professor of Management, Tuck School of Business, Dartmouth College; Research Associate, National Bureau of Economic Res

Presider:

Sebastian Mallaby, Director, Maurice R. Greenberg Center for Geoeconomic Studies, Paul A. Volcker Senior Fellow for International Economics, Council on Foreign Relations
June 7, 2011 7:45-8:00 a.m. - Breakfast
8:00-9:00 a.m. - Meeting

This meeting is on the record.

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General Meeting ⁄ Washington

Reforming Global Finance: The Squam Lake Papers

Speakers:

Martin N. Baily, Senior Fellow, Economic Studies, Brookings Institution; Senior Adviser, McKinsey & Company; Former Chairman, Council of Economic Advisers, Kenneth R. French, Carl E. and Catherine M. Heidt Professor of Finance, Tuck School of Business, Dartmouth College, Matthew J. Slaughter, Adjunct Senior Fellow for Business and Globalization, Council on Foreign Relations; Associate Dean for the MBA Program and Professor of International Economics, Tuck School of Business, Dartmouth College

Presider:

Sebastian Mallaby, Director, Maurice R. Greenberg Center for Geoeconomic Studies, Paul A. Volcker Senior Fellow for International Economics, and Deputy Director of Studies, Council on Foreign Relations
May 26, 2009 12:00-12:30 p.m. - Lunch Reception
12:30-1:30 p.m. - Meeting

This meeting is on the record.

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General Meeting ⁄ New York

World Economic Update Special Edition: The Great Globalization Debate

Speakers:

Alan B. Krueger, Bendheim Professor of Economics and Public Policy, Woodrow Wilson School of Public and International Affairs, Princeton University, Stephen S. Roach, Chief Economist and Managing Director, Morgan Stanley, Matthew J. Slaughter, Adjunct Senior Fellow for Business and Globalization, Council on Foreign Relations; Associate Professor of Business Administration, Tuck School of Business, Dartmouth College

Presider:

Daniel K. Tarullo, Professor of Law, Georgetown University Law Center
April 24, 2007 7:45-9:15 a.m.

This meeting is on the record.

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