
Putting aside the national security concerns about foreign direct investment—which in any event should be limited in impact—there should be strong consensus that more FDI in the United States is better than less. When foreign investors place their money here for the long-term it represents a vote of confidence in the U.S. economy. Such investment helps create jobs, lowers the cost of capital, and leads to more rapid diffusion of innovation and know-how, from which U.S. businesses and consumers can only benefit. It is timely and appropriate, therefore, for more attention to be given to the factors that influence incoming FDI.
Source: Institute for Legal Reform
Released: Aug 01, 2007