How Foreign Direct Investment Affects U.S. Jobs: A Policy Forum
When we take stock of U.S. jobs created by foreign direct investment (FDI), it's not just about the large number of jobs, it's also about the quality of the jobs. The United States has been the largest recipient worldwide of FDI and the recipient firms account for nearly nine percent of the total U.S labor force.
According to the Bureau for Economic Analysis, FDI expenditures to acquire, establish, or expand U.S. businesses totaled $420.7 billion in 2015, a very substantial increase of 68 percent from 2014. Manufacturing accounted for the largest number of new employees resulting from FDI in 2015, at 139,500. New foreign investment in manufacturing was $281.4 billion in 2015 accounting for more than half of total new investment.
Our panel of experts will discuss the significance of FDI, the impact on U.S. employment, and the prospects for its future growth in a dynamic forum, including audience Q+A.
The forum will be introduced by J. Robert Vastine, Senior Industry Fellow, Georgetown Center for Business and Public Policy. The panel discussion will be moderated by J. Bradford Jensen, Senior Policy Scholar, Georgetown Center for Business and Public Policy and McCrane/Shaker Chair in International Business, McDonough School of Business, Georgetown University. Panelists include:
- Erin Ennis, Senior Vice President, U.S.-China Business Council
- Nicholas Evans, Vice President, CGI, U.S. government relations
- Nancy McLernon, President and CEO, Organization for International Investment
- Lindsay Oldenski, Associate Professor, Walsh School of Foreign Service, Georgetown University
Lunch will be provided.
Register for the event through Eventbrite here.
This seminar is part of the Georgetown Center for Business and Public Policy's Georgetown on the Hill series at which we convene policymakers, academics, and industry experts to discuss important economic policy issues of the day.