Foreign Direct Investment in the United States Benefits Suspicions and Risks with Special Attention to FDI from China

Author: Theodore H. Moran
Publisher: Peterson Institute for International Economics
ISBN: 0881326615
Format: PDF, Mobi
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Americans have long been ambivalent toward foreign direct investment in the United States. Foreign multinational corporations may be a source of capital, technology, and jobs. But what are the implications for US workers, firms, communities, and consumers as the United States remains the most popular destination for foreign multinational investment? Theodore H. Moran and Lindsay Oldenski find that foreign multinational firms that invest in the United States are, alongside US-headquartered American multinationals, the most productive and highest-paying segment of the US economy. These firms conduct more research and development, provide more value added to US domestic inputs, and export more goods and services than other firms in the US economy. The superior technology and management techniques they employ spill over horizontally and vertically to improve the performance of local firms and workers. As the United States wants not only to expand employment but also create well-paying jobs that reverse the falling earnings that many US workers and middle class families have suffered in recent decades, it is more important than ever to enhance the United States as a destination for multinational investors

Outward Foreign Direct Investment and US Exports Jobs and R D

Author: Gary Clyde Hufbauer
Publisher: Columbia University Press
ISBN: 0881326690
Format: PDF, ePub, Mobi
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It is not in the US interest to adopt tax and regulatory policies that would discourage global engagement by US multinational corporations (MNCs). Research presented in this book shows that the expansion of foreign affiliates of US MNCs is positively associated with more production, greater employment, higher exports, and more research and development (R&D) in the United States. These findings suggest that less investment abroad by US firms would weaken—not strengthen—the US economy. This analysis by no means implies that there are only winners and no losers from outward investment. Changing patterns of MNC investment, like changing patterns of technology and production more generally, contribute to job losses and dislocations for some workers and to new opportunities for others. To benefit the US economy and US workers most broadly, the United States will want to search for ways to strengthen the appeal of the United States as a base for the operations of international firms. High among the recommendations to accomplish this, the United States should adopt a territorial tax system, like the great majority of developed countries.

Fueling Up

Author: Trevor Houser
Publisher: Columbia University Press
ISBN: 0881326577
Format: PDF, ePub, Mobi
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New drilling techniques for oil and natural gas are propelling an energy production renaissance in the United States. As the US economy struggles to emerge from the Great Recession, many see the boom as a possible source of economic salvation that could reduce unemployment and revitalize American manufacturing. Until now, however, there has been little objective analysis of the energy boom's economic consequences. In this major study, Trevor Houser and Shashank Mohan fill that gap. They assess the impact of the recent and projected increase in domestic energy production on US GDP, employment growth, manufacturing competitiveness, household expenditures, and international trade balance. Alongside its economic impact, the American energy revolution is raising new environmental and trade policy questions. What are the consequences for the environment and global warming of increased domestic oil and gas production? Should companies be allowed to export the energy they produce or will doing so undermine American manufacturing competitiveness? Houser and Mohan provide independent research and analysis that will help policymakers navigate these issues.

How Latin America Weathered The Global Financial Crisis

Author: José De Gregorio
Publisher: Columbia University Press
ISBN: 0881326798
Format: PDF, Mobi
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Why has the economy of Latin America responded more positively than Asia, Europe or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America's GDP is 25 percent higher than its precrisis level. José De Gregorio, Governor of the Central Bank of Chile from 2007 to 2011, tells the story of how Latin America has responded to the crisis with a perspective that only an insider can have. De Gregorio focuses on the seven largest economies of the region, Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela (90 percent of the region's output). He argues that Latin America was resilient because of good macroeconomic policies, strong financial systems, and "a bit of luck."

Economic Normalization With Cuba

Author: Gary Clyde Hufbauer
Publisher: Columbia University Press
ISBN: 0881326836
Format: PDF, Docs
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Will the Obama administration's decision to normalize relations with Cuba usher in a new era of economic cooperation, trade, and investment between the two countries? This prescient book, published only eight months before President Obama's historic announcement at the end of 2014, provides answers to that question and offers a roadmap for a sequenced lifting of the Cold War era economic sanctions against Cuba. The authors, Gary Clyde Hufbauer and Barbara Kotschwar, lay out the difficulties of achieving a dynamic economic relationship. They caution that a unilateral dismantling of US sanctions without insuring that proper institutions are in place in Cuba could squander this golden opportunity for US companies and hurt Cubans. They argue that US policies should encourage Cuba to liberalize its economy and adopt democratic institutions, so that it does not transition from a Communist dictatorship to a corrupt and authoritarian oligarchy. This farsighted book, produced in anticipation of an opening with Cuba that seemed impossible to some skeptics, is a must-read for anyone interested in the evolution of a historically contentious relationship that promises to evolve productively if the right policies are pursued.

Chinese Policy Priorities and Their Implications for the United States

Author: Robert G. Sutter
Publisher: Rowman & Littlefield Pub Incorporated
ISBN: 9780847698523
Format: PDF, Docs
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How the West responds to China's emergence as a great power will go far toward determining the course of world politics. Yet, as Robert Sutter shows, U.S. foreign policy in this vital arena remains remarkably unfocused and uninformed. Preoccupied with domestic imperatives and an intractable debate over China, the U.S. government, media, and public have all but ignored the interests and motivations of China's leaders. The author argues that a balanced understanding of Chinese government priorities will lead to more informed and effective policy. Toward that goal, this pragmatic study examines current Chinese concerns and behavior in arenas of crucial importance to the United States.

Nippon Connection

Author: Michael Crichton
Publisher:
ISBN: 9783442465446
Format: PDF, ePub, Docs
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Während der japanische Nakamoto-Konzern die Eröffnung seines neuen Geschäftsgebäudes in Los Angeles mit einer rauschenden Party feiert, wird im selben Gebäude die junge Cheryl Lynn Austin ermordet. Doch obwohl das ganze Gebäude mit Kameras gesichert ist,

Die Demokratie und ihre Feinde

Author: Robert Kagan
Publisher: Siedler Verlag
ISBN: 3641033713
Format: PDF, Mobi
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Plädoyer für eine demokratische Weltordnung Robert Kagan bringt die weltpolitische Situation seit dem Ende des Kalten Krieges auf den Punkt. Den demokratischen Staaten steht mit Russland, China und Iran eine wachsende Zahl nach Macht und Einfluss strebender autokratischer Regime gegenüber. Gleichzeitig werden die Werte des Westens vom Herrschaftsanspruch radikaler Islamisten bedroht. Leidenschaftlich und pointiert stellt uns Kagan vor die Alternative, entweder die Welt im Sinne unserer freiheitlich-demokratischen Vorstellungen zu formen oder uns in einer neuen Weltordnung einzurichten, die andere gestaltet haben. Nach dem Ende des Kalten Krieges keimte die Hoffnung, das Ende der Geschichte sei gekommen, eine friedvolle Zukunft liege vor uns. Diese Hoffnung war trügerisch. Die Jugoslawienkriege, der Kosovo-Konflikt und der 11. September zeigten auf brutale Weise, dass Nationalismen, ethnische Zugehörigkeiten und Religion die Völker nach wie vor trennen und in blutige Konflikte stürzen. Auch Großmachtansprüche gehören keineswegs der Vergangenheit an. Russland, China und Iran lassen ihre Muskeln spielen. Eindringlich ruft Robert Kagan die demokratischen Staaten dazu auf, sich zusammenzuschließen und gemeinsam für Demokratie und liberale Werte einzustehen. Die Geschichte ist zurückgekehrt, die hochfliegenden optimistischen Träume, die man nach dem Mauerfall und dem Zusammenbruch des Ostblocks gehegt hatte, sind ausgeträumt. Die Demokraten dürfen die Welt nicht den Despoten und Autokraten überlassen, sondern müssen aktiv an der Gestaltung einer neuen Weltordnung mitwirken. Kagan ist einer der scharfsinnigsten politischen Denker in den USA.

Worldmark Encyclopedia of the Nations

Author: Gale Group
Publisher:
ISBN: 9780787673376
Format: PDF, ePub
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This resource, based on the acclaimed "Worldmark Encyclopedia of the Nations, provides comprehensive biographical profiles of national leaders from around the world. Features 193 biographies that cover not only the events of each leader's life, but also explore the domestic and international policies instituted by their administration. Entries typically include a portrait of the leader and a map of the leader's country. The volume is organized alphabetically by country and includes an index of leader names.