| Domestic Effects of Foreign Direct Investment |
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| With a Keynote Address by N. Gregory Mankiw, Chairman of the Council of Economic Advisers |
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| Cosponsored by the International Tax Policy Forum |
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| Start: |
Thursday, December 2, 2004
8:50 AM
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| End: |
Thursday, December 2, 2004
3:30 PM
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| Location: |
Wohlstetter Conference Center, Twelfth Floor, AEI 1150 Seventeenth Street, N.W., Washington, D.C. 20036 Directions to AEI |
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Rising foreign direct investment, U.S. manufacturing job losses, and cross-border outsourcing arrangements have focused attention on how U.S. tax rules influence decisions by multinational companies to create jobs in the United States and abroad. The recent presidential election campaign included proposals to alter significantly U.S. taxation of income earned by American companies abroad. Sensible tax policy responses require an understanding of the connection between the domestic and foreign operations of multinational companies. This conference presents new research on how investment abroad affects the U.S. economy and includes both historical perspectives and a bipartisan panel discussion of current policy options. |
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8:30 a.m. |
Registration |
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8:50 |
Opening Remarks: |
John Samuels, General Electric |
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Kevin A. Hassett, AEI |
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9:00 |
Globalization of Business Operations: Historic Perspectives |
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Moderator: |
James Hines, University of Michigan |
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Presenter: |
Douglas Irwin, Dartmouth College |
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9:45 |
Foreign Direct Investment and Factor Markets |
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Moderator: |
James Hines, University of Michigan |
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Presenter: |
Catherine Mann, Institute for International Economics |
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Commentator: |
Robert Lipsey, CUNY and National Bureau of Economic Research |
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10:45 |
Coffee Break |
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11:00 |
Expansion Abroad and the Domestic Operations of U.S. Multinational Firms |
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Moderator: |
James Hines, University of Michigan |
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Presenter: |
Matthew Slaughter, Dartmouth College |
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Commentator: |
William Randolph, U.S. Treasury Department |
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Noon |
Luncheon |
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Introduction: |
R. Glenn Hubbard, AEI and Columbia University |
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Keynote Speaker: |
N. Gregory Mankiw, chairman, Council of Economic Advisers |
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1:15 p.m. |
Effects of Outbound FDI on Domestic Economic Activity |
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Moderator: |
R. Glenn Hubbard, AEI and Columbia University |
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Presenter: |
Mihir A. Desai, Harvard University |
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Commentator: |
Kevin A. Hassett, AEI |
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2:15 |
Does the Tax System Create Excessive Incentives to Move Economic Activity Abroad? |
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Moderator: |
Sebastian Mallaby, Washington Post |
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Panelists: |
Alan Auerbach, University of California-Berkeley |
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R. Glenn Hubbard, AEI and Columbia University |
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Matt Slaughter, Dartmouth College |
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Lael Brainard, Brookings Institution |
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3:30 |
Adjournment | |
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| Available in Adobe Acrobat PDF format. |
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More Information
Gordon Gray American Enterprise Institute 1150 Seventeenth Street, N.W. Washington, DC 20036 Phone: 202-862-4873 Fax: 202-862-5807 E-mail: GGray@aei.org
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Media Inquiries
Veronique Rodman American Enterprise Institute 1150 Seventeenth Street, N.W. Washington, DC 20036 Phone: 202-862-4870 E-mail: VRodman@aei.org
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