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How to Attract and Retain Investment in a Competitive Global Economy

August 22, 2013 in Economics

In a global economy, where investors have options, governments are in a competition to attract the financial, physical, and human capital necessary to nourish 21st-century economies. While historically, no country has been a stronger magnet for foreign direct investment than the United States, in recent years the U.S. investment climate has deteriorated. A new paper from Cato scholar Daniel J. Ikenson argues that U.S. policymakers should take this opportunity to make policy reforms to create an environment that is more attractive to prospective investors.

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