
Economic and Community Development
Mar
29
FDI: A Two-Way Street
Ian Scott on Tuesday, March 29, 2011 at 12:00:00 am
You’d probably guess that the United States is the leading origin of Foreign Direct Investment in the world. You may be surprised to learn that the United States is also the top destination for Foreign Direct Investment.
An article by our friend Jay Garner, CCE, CEcD, President and Founder of Garner Economics, in the March/April issue of Expansion Solutions magazine illustrates this two way flow of investment and jobs. Garner also outlines the key reasons foreign companies decide to invest in the United States. While cost isn’t typically the driver, these factors are:
- Market Access – The US is the world’s number one market
- Intellectual Property Rights – The US values IP and enforces its laws
- Quality of Place
- Business Climate