Research Catalog

Title

Foreign direct investment in the United States / Edward M. Graham, Paul R. Krugman.

Author

Graham, Edward M. (Edward Montgomery), 1944-2007.

Publication

Washington, D.C. : Institute for International Economics, 1995.

Items in the Library & Off-site

Holdings

Details

Additional Authors

Krugman, Paul R.

Description

xv, 207 pages : illustrations; 23 cm

Summary

"The share of US output held by foreign-controlled firms tripled during the 1980s, but the growth of foreign direct investment in the United States fell sharply after 1990. In the first and second editions of Foreign Direct Investment, Graham and Krugman provided the first seminal analysis of FDI growth in the 1980s and its economic and national security implications. This third, extensively revised, edition analyzes the post-1990 downturn, updates all statistics, provides new analysis based on statistical series not previously available, and assesses recent legislative proposals to restrict FDI. Book jacket."--BOOK JACKET.

Subject

Investments, Foreign > United States

Bibliography (note)

• Includes bibliographical references and index.

Contents

1. Extent and Trends -- What Is FDI? -- The Rise of FDI: Alternative Measures -- The Mechanics of FDI -- The Role of Japan -- Banking -- Real Estate -- FDI in Other Countries -- 2. Sources of Growth -- The Theory of Foreign Direct Investment -- Evidence on FDI in the United States -- The Role of Financial Markets -- Taxation -- Protection -- The Business Cycle -- Three Case Histories -- The Outlook for FDI -- 3. Economic Impact -- The Gains from FDI -- The Potential Costs of FDI -- Characteristics of FDI in the United States -- The "Fire Sale" Issue -- Transfer Pricing and Tax Avoidance -- 4. Political Effects -- The Economics of Foreign-Owned Factors -- Political Influence of Foreign-Owned Firms -- How Much Does It Matter? -- International Rules of the Game -- 5. National Security Concerns -- FDI and National Security in Time of War or National Emergency -- FDI by Friendly Powers -- Some Unresolved Issues -- 6. Current US Policy -- Federal Policy -- State and Local Policies -- Comparisons with Other Nations -- 7. Policy Alternatives -- Proposals for Changes in US Policy That Are Unsound -- An Agenda for US Policy on FDI -- Appendix A. US Data on Foreign Direct Investment -- Appendix B. Industrial-Organization Explanations of Foreign Direct Investment.

ISBN

0881322040 :

LCCN

94038975

OCLC

• 31374476
• ocm31374476

Owning Institutions

Columbia University Libraries