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TOPIC: Globalization and the Growing Divergence Between
Corporate and National Interests
SPEAKER: Ralph Gomory, Research Professor, NYU Stern School of
Business
TIME: 10:30 until 12:00, Tuesday June 17
PLACE: Offices of Wiley Rein LLP
1776 K Street, NW
Main Conference Room (Street level)
COST: $10 for CPA members
$20 for non-members
No charge for government employees
DETAILS: What is good for America’s multinational corporations (MNCs) is no longer necessarily good for the U.S. economy. MNCs seek profit and new markets, while governments want high productivity and wages. These interests are aligned when MNCs make overseas investments in low-skilled industrial production. But when Intel builds a $2.5 billion high-tech semiconductor plant in China, the U.S. national interest loses out as the corporate profit motive contributes to foreign GDP growth. In his remarks, Dr. Gomory will analyze these trends and explain how the U.S. government can incentivize investment and job creation here by implementing a national economic strategy, including trade deficit reduction and tax reform. Dr. Gomory is Research Professor at the New York University Stern School of Business and President Emeritus of the Alfred P. Sloan Foundation. For almost 20 years, he led IBM’s research division. Dr. Gomory is the co-author, with Dr. Baumol, of Global Trade and Conflicting National Interests.
Space is limited. For reservations, please respond to
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Please let me know if you have any questions or need more information.
Many thanks
Charlie
Charles H. Blum
Executive Director
CPA Issues Forum
666 11th Street, NW
Suite 810
Washington, DC 20001
Tel. 202-393-8600
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