20 Apr, 2007
U.S. Direct Investment Abroad: Trends and Current Issues [April 20, 2007]
Library of Congress. Congressional Research Service
Jackson, James K., 1949-
"The United States is the largest investor abroad and the largest recipient of direct investment in the world. For some Americans, the national gains attributed to investing overseas are offset by such perceived losses as displaced U.S. workers and lower wages. Some observers believe U.S. firms invest abroad to avoid U.S. labor unions or high U.S. wages, however, 70% of U.S. foreign direct investment is concentrated in high income developed countries. Even more striking is the fact that the share of investment going to developing countries has fallen in recent years. Most economists conclude that direct investment abroad does not lead to fewer jobs or lower incomes overall for Americans and that the majority of jobs lost among U.S. manufacturing firms over the past decade reflect a broad restructuring of U.S. manufacturing industries. This report will be updated as events warrant."
    Details
  • URL
  • Author
    Jackson, James K., 1949-
  • Publisher
    Library of Congress. Congressional Research Service
  • Report Number
    CRS Report for Congress, RS21118
  • Date
    20 Apr, 2007
  • Copyright
    Public Domain
  • Retrieved From
    Via E-mail
  • Format
    pdf
  • Media Type
    application/pdf
  • Subjects
    Investments, Foreign
    Economic policy
    Economics
  • Resource Group
    Reports (CRS)
  • Series
    CRS Report for Congress, RS21118
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