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Foreign direct investment in the United States

Autore: Edward M Graham; Paul R Krugman
Editore: Washington, DC : Institute for International Economics, 1991.
Edizione/Formato:   Libro a stampa : English : 2nd edVedi tutte le edizioni e i formati
Sommario:
The share of the U.S. economy controlled by foreign firms has tripled since the mid-1970s. Graham and Krugman here provide the first comprehensive analysis of this phenomenon. Their exhaustive analysis concludes that foreign-owned firms do not pay lower wages or shift good jobs and R & D away from the U.S. However, foreign-owned firms and especially Japanese firms have a marked tendency to import much more than
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Informazioni aggiuntive sul formato: Online version:
Graham, Edward M. (Edward Montgomery), 1944-2007.
Foreign direct investment in the United States.
Washington, DC : Institute for International Economics, 1991
(OCoLC)622312664
Tipo documento Libro
Tutti gli autori / Collaboratori: Edward M Graham; Paul R Krugman
{0} 0881321397 9780881321395
Numero OCLC: 22734472
Descrizione: xv, 195 pages : illustrations ; 23 cm
Responsabilità: Edward M. Graham, Paul R. Krugman.
Maggiori informazioni

Abstract:

The share of the U.S. economy controlled by foreign firms has tripled since the mid-1970s. Graham and Krugman here provide the first comprehensive analysis of this phenomenon. Their exhaustive analysis concludes that foreign-owned firms do not pay lower wages or shift good jobs and R & D away from the U.S. However, foreign-owned firms and especially Japanese firms have a marked tendency to import much more than their American counterparts. In addition, the upsurge of foreign investment raises new issues for U.S. national security. This completely revised second edition includes updated statistics on the recent level of FDI and analyzes new legislation that would further address foreign investment in the United States.

This study moves us a giant step closer to understanding the economic and national security consequences of foreigners' direct investments in the United States. The economic analysis is solidly based in fact and theory, and the analysis of the security implications is dispassionate and realistic ... a much needed contribution to the national debate."--Raymond Vernon, Professor of International Affairs Emeritus, Harvard University.

"The authors successfully debunk the myths circulated by the critics of foreign investment. Their research is careful, their writing clear, and their analysis incisive."--Susan Liebeler, The Wall Street Journal.

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