NDLI: Foreign Investment in the United States

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Foreign Investment in the United States

Content Provider	Semantic Scholar
Author	Culver, John C.
Copyright Year	1974
Abstract	Rhetoric on foreign investment in the United States during 1997 did not exactly match reality. The year began with the national news media focusing like a laser beam on allegations of pernicious foreign influence and the U.S. political system. The Democratic National Committee, which had by all accounts failed to carefully screen "soft money" donations during the 1996 election cycle, announced that it would no longer accept contributions from U.S. subsidiaries of foreign-owned corporations. Notwithstanding that it should be a relief to corporate executives to be granted immunity from incessant entreaties to deliver up cash to politicians, there was legitimate complaint expressed about a rule that discriminates against foreign-owned U.S. companies, while allowing their domestic controlled competitors to curry favor with the governing political party. While the news media and prosecutors focused their attention on "foreign influence," governors, mayors and county commissioners across the land were devoting significant time and effort and promising substantial fiscal benefits to entice foreign firms to locate new manufacturing plants and other facilities within their jurisdictions.' Although rhetoric in 1997 showed that foreign investment was viewed with suspicion by some within the United States, the actual data shows that the United States was both a welcoming environment and an attractive destination for foreign direct investment in 1997.
Starting Page	157
Ending Page	157
Page Count	1
File Format	PDF HTM / HTML
DOI	10.2307/1147850
Alternate Webpage(s)	https://scholar.smu.edu/cgi/viewcontent.cgi?article=1811&context=til
Alternate Webpage(s)	https://doi.org/10.2307/1147850
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article

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