Peter Orszag explains that privatization would allow the U.S. Postal Service to free itself from congressional shackles and manage its operations more efficiently.
Speaker: Rex W. Tillerson Presider: Alan S. Murray
Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, discusses North America's natural gas and oil resources, technological innovations, and their effect on the global energy market.
This meeting is part of the Corporate Program's CEO Speaker Series, which provides a forum for leading global CEOs to share their priorities and insights before a high-level audience of CFR members. The series aims to educate the CFR membership on the private sector's important role in the policy debate by engaging the global business community's top leadership.
Although U.S. multinationals include many of biggest companies in the United States, the full extent of their economic impacts are less well known. The McKinsey Global Institute seeks to provide a fuller picture by assessing the contributions of MNCs across the key metrics of economic performance.
Authors: Leon Bettendorf, Michael Devereux, Simon Loretz, and Albert van der Horst
The European Commission has launched proposals to radically reform corporate income tax in the EU with a system known as the Common Consolidated Corporate Tax base. This column in Voxsuggests that this reform would have significant effects on individual member states, but only small effects at the aggregate level in terms of employment, GDP and efficiency.
ProPublica tells the inside story of why the Federal Reserve agreed to allow banks to raise dividends in 2011, despite warnings that banks were not healthy enough and that the economy could implode again.
As the White House releases the 2013 budget, corporate taxation could be an issue where Congress can find compromise in fiscal policy. Both parties agree the current corporate tax regime is inefficient and often disadvantages U.S. businesses globally.
The debate over a new anti-corruption law in India highlights political dysfunction in New Delhi and distracts from the larger issue of an urgent need for economic reforms.
This report focuses on the global issues relating to tax rate differentials between the United States and other countries. It provides tax rate comparisons; discusses policy implications, including the effect of a corporate rate cut on revenue, output, and national welfare; and discusses the outlook for and consequences of a revenue neutral corporate tax reform.
A spate of high-profile scams has weakened India's government and raised concerns among foreign investors. Businesses and civil society say the country needs more effective anti-corruption laws.
Congressional wrangling over financial reform and the SEC's fraud case against Goldman Sachs could impact SEC powers and encourage stronger derivatives regulation.
Outsourcing remains a contentious political issue as lawmakers, analysts, and business leaders debate its effect on U.S. job creation and the role of corporate tax policy in shipping jobs overseas, explains this Backgrounder.
The C. Peter McColough Series on International Economics is presented by the Corporate Program and the Maurice R. Greenberg Center for Geoeconomic Studies.
CFR's Roger Kubarych says despite the gains of foreign stock exchanges, the New York Stock Exchange should remain competitive globally, even in a tougher U.S. regulatory climate.
Speaker: Robert E. Diamond Presider: Maria Bartiromo
This meeting is part of the CEO Speaker Series. This series provides a forum for leading global CEOs to share their priorities and insights before a high-level audience of CFR members. The series aims to educate the CFR membership on the private sector's important role in the policy debate by engaging the global business community's top leadership. Members benefit from hearing CEOs' perspectives as well as interacting with them in an informal setting; in turn, CEOs have the opportunity to highlight the work of their organization and strengthen their relationship with CFR.
The corporate tax code should explicitly promote the international competitiveness of American businesses and encourage innovation by providing incentives for the drivers of productivity and innovation, says Robert D. Atkinson in this Information Technology and Innovation Foundation report.
Sebastian Mallaby argues that Treasury Secretary Timothy Geithner's ideas on regulation and wind-downs are sensible, but they won't prevent the next crisis or save taxpayers from the cost, making it imperative that the financial industry take on less risk.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.