Beyond treasuries: A foreign direct investment program for U.S. infrastructure

Geraldine McAllister and Joel H. Moser

No 46, Columbia FDI Perspectives from Columbia University, Columbia Center on Sustainable Investment (CCSI)

Abstract: In his jobs address to a joint session of Congress, President Obama returned to a familiar theme: a call for nontraditional infrastructure investment as a generator of economic growth and, ultimately, jobs. There is no assurance that domestic private capital investment alone is sufficient to reverse the degradation of the nation's infrastructure and as host to the largest flows of inward foreign direct investment (FDI), it is time that the United States employs this critical source of capital in tackling the nation's infrastructure deficit.

Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:colfdi:46

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