The Dubai Ports World controversy has shed light on the tensions between Congress and the executive branch over the appropriate balance between foreign investment and national security. In the past few months, members of Congress have met with international companies, homeland security experts, and administration officials to better understand the process of reviewing security concerns associated with foreign investment in the United States. Congress is intent on changing the process and becoming more involved; the challenge ahead is to reform the process in order to minimize the security...
The Dubai Ports World controversy has shed light on the tensions between Congress and the executive branch over the appropriate balance between foreig...
Although a vital part of the US economy, foreign direct investment (FDI) in the United States periodically raises public and congressional alarms--as witnessed during Dubai Ports World's recent bid to acquire US port operations and Chinese firm CNOOC's attempt to buy US energy firm Unocal. Drawing fire from Congress are the Exon-Florio provisions of US law, which enable the president to block a foreign acquisition that threatens national security. This important new book finds that many proposed reforms risk harming the US economy without enhancing national security. The authors propose ways...
Although a vital part of the US economy, foreign direct investment (FDI) in the United States periodically raises public and congressional alarms--as ...
