文档介绍:RECENT FOREIGN DIRECT
MANUFACTURING INVEST-
MENT IN THE UNITED STATES
JOHN D. DANIELS
The study of direct investment movements has e increasingly
important in recent years due to the impact that these movements have
on development, balance of payments, and domestic control of the
domestic economy. From 1954 through 1967, the value of foreign direct
investment in the United States grew from $ billion to $ billion.
itant with this growth has been an increase in interest in the
United States to attract foreign investment. At the national level the
interest has evolved because of balance of payments problems; whereas,
at the state and local level, interest is due to industrial development
objectives.
The purposes of this study were to explain why investment has
entered the United States ( direct investment exporting country) and
to profile the investor and his decision process. Most of the information
was gathered in interviews with corporate managers of 40 firms (located
in Canada, France, Germany, herlands, and the United
Kingdom). All of panies made their first direct manufacturing
investments in the United States between 1954 and 1968. The study also
relied on published material and interviews with bank and government
officials in the United States and abroad.
Investor Description
First of all, what did panies look like