Foreign Investment, State Economic Development and Removing Disincentives — Very Necessary.

 

States need to follow an aggressive economic development policy focusing on attracting Foreign Direct Investment (FDI). States ought to assess their business and regulatory environments to ensure equal treatment for foreign corporations. The federal government ought to remove unnecessary legislative and regulatory barriers to foreign investment in the name of national security that promotes protectionism. The federal government should promote greater use of bilateral investment and tax treaties to encourage greater foreign investment. Foreign corporations and sovereign wealth funds have the money and desire to invest in the U.S., which is good for the U.S. job market.
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About Stuart Malawer

Distinguished Service Professor of Law & International Trade at George Mason University (School of Public Policy).
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