Much of the outrage over economic inequality in the United States has centered on the high compensation and lack of accountability that corporate executives supposedly enjoy -- allegedly the result of boards at public companies. The truth, however, is that American CEOs now earn less and get fired more than in the recent past.
Unlike other economic powerhouses, the United States does little to help its own companies win business abroad, and that timidity has allowed China to devour market share in emerging economies. It is time for Washington to shed its hang-ups about lobbying on behalf of American firms and start taking commercial diplomacy seriously.
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.
Sebastian Mallaby, director of the Maurice R. Greenberg Center for Geoeconomic Studies at the Council on Foreign Relations and the author of More Money than God, discusses his book and the role of hedge funds in the financial system.
Speaker: Christine A. Varney Presider: Bart Friedman
Listen to Christine A. Varney, assistant attorney general for antitrust at the U.S. Department of Justice, speak about the need for regulation of price fixing and clear punishments for antitrust violations.
Listen to Neville Isdell, chairman of the board of the Coca-Cola Company, discuss the necessary steps for companies to take to become responsible organizations and restore the faith of consumers in industry.
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.
In a short time, the Gates Foundation has established a reputation as an innovative, effective donor to global health causes. A $30 billion gift from Warren Buffett is expected to dramatically expand the foundation's influence.
Congress' call for a new federal agency to oversee insurers still relies too heavily on ill-equipped state regulators to stem risks posed by bond insurers, traders, and reinsurers, writes CFR's Marc Levinson.
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.
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.