The Decentering of the Global Firm

World Economy, 32:9 (September 2009), 1271-1290.

Almost 20 years ago, Robert Reich questioned how firms are linked to nation states by posing a provocative question, ‘Who is Us?’. Reich argued that a nation’s interests could be advanced by firms from various nations and, indeed, that a firm’s national identity no longer guaranteed that it would advance the economic interests of a particular country. For example, a foreign firm with substantial investments in the United States may well be better for America than an American firm with most of its operations abroad.