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US National Security And Foreign Direct Investment - Softcover

Graham, Edward M.; Marchick, David Matthew

 
9780881323917: US National Security And Foreign Direct Investment

Inhaltsangabe

Following the political controversy that erupted over possible acquisitions of US port facilities by Dubai Ports World, congressional proposals were brought forth for strengthening the Exon-Florio Amendment to the Defense Production Act in the Omnibus Trade and Competitiveness Act of 1988, which gives the president powers to block foreign acquisitions or takeovers of US companies for national security reasons. Reviewing these and other issues of foreign direct investment and national security, Graham (Columbia U.) and Marchick (a partner with Covington & Burling) argue against many of the proposed reforms, including establishing a mandatory filing requirement or introducing an economic security test, as being harmful to the economy. They do make some recommendations for reforming the review process of the Committee on Foreign Investment in the United States. Annotation ©2006 Book News, Inc., Portland, OR (booknews.com)

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Über die Autorin bzw. den Autor

Edward M. Graham (1944-2007) was a senior fellow at the Peterson Institute from 1990 to 2007. He also taught concurrently as adjunct professor at Columbia University in New York. Previously he was an economist at the US Treasury and taught full-time in the business schools of several US universities (MIT, University of North Carolina Chapel Hill, Duke University, among others).

David M. Marchick serves as Managing Director and Global Head of External Affairs and serves as a Member of the firm's Management Committee. Prior to joining Carlyle, Marchick was a partner and Vice-Chair of the international practice group at Covington & Burling. He is an expert on foreign investment and national security issues. Marchick serves as the Chairman of the Board of the Robert Toigo Foundation, an organization committed to enhance diversity in the financial services industry, and is a Member of the Committee on Conscience of the U.S. Holocaust Memorial Museum.

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