US National Security and Foreign Direct Investment.

Cover -- Contents -- Preface -- Executive Summary -- Acknowledgments -- Chapter 1 Introduction -- FDI in the Early 20th Century -- Postwar Trends in FDI -- The FDI Expansion of 1985-2003 -- The Impetus for This Book -- Chapter 2 The Exon-Florio Amendment -- Overview of the Exon-Florio Amendment -- Enactment of the Exon-Florio Amendment -- The Meaning of "National Security" in Practice -- Exon-Florio in the Post-September 11 Environment -- Chapter 3 The Economic Effects of Foreign Investment in the United States -- Importance of FDI to the US Economy -- FDI's Effects on US Workers -- FDI and US Research and Development -- FDI and Economic Growth -- FDI and Spillovers -- Chapter 4 National Security Issues Related to Investments from China -- China: A New Player in FDI -- Unique National Security Issues Associated with Chinese Investment -- Chinese State Control of Corporations and the Byrd Amendment -- Export Controls -- Espionage -- Strengthening the Chinese Military -- State Subsidies -- Policy Implications for Future CFIUS Reviews of Chinese Acquisitions -- Chapter 5 Politicization of the CFIUS Process -- BTR-Norton and Global Crossing -- ASML and Silicon Valley Group -- VSNL and Tyco Global Network -- CNOOC's Proposed Acquisition of Unocal -- The Dubai Ports World Controversy -- Chapter 6 Policy Recommendations: Improving the Implementation of Exon-Florio -- Covering Critical Infrastructure -- Establishing Security Standards for Employment of Nonnationals in Sensitive Positions -- Enhancing Disclosure of Information to Congress -- Improving and Clarifying the "Control" Standard -- Developing International Standards for National Security Review Processes -- Rejecting Proposed Amendments -- Conclusion -- Appendix 6A US Critical Infrastructure Sectors -- References -- Index.

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Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2024. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries.