Laments over the decline of the manufacturing base in the United States are widespread. But while manufacturing employment has steadily declined for many decades, more direct measures of manufacturing productivity show that the growth of the US manufacturing sector has actually been strong and...

Enactment of the North American Free Trade Agreement (NAFTA) among the United States, Mexico, and Canada 20 years ago advanced economic integration and started a public debate running to today about the merits of trade agreements in the era of globalization. As the first major trade accord...

Japan is reemerging as the most important source of foreign direct investment (FDI) in the United States. In 2013 Japanese firms were the largest source of new inflows of FDI into the United States for the first time since 1992, injecting almost $45 billion of fresh investment into the US...

Theodore H. Moran cites recent instances of the US government intervening to block foreign producers of information technology (IT) from selling goods and services to US firms and argues that such actions based on the nationality of the foreign firm is ineffective, discriminatory, and unfair....

Located in north central Asia, Mongolia is on the verge of an economic boom as foreign investors extract and exploit its rich deposits of natural resources, among them copper, gold, and coal. But the onset of a mining boom in Mongolia has also generated widespread concerns about the potential...

President Barack Obama declared in his State of the Union address--echoing the rhetoric during his days as presidential candidate--that "it is time to finally slash the tax breaks for companies that ship our jobs overseas, and give those tax breaks to companies that create jobs right here in the...

The US House of Representatives has just passed the American Jobs and Closing Tax Loopholes Act. The tax provisions of this bill will hurt American workers, reduce American exports, and make American companies less competitive in the international marketplace. Since the US Senate has already...

The mission of the Overseas Private Investment Corporation (OPIC)--created in 1969 through an amendment to the Foreign Assistance Act--is "to mobilize and facilitate the participation of United States private capital and skills in the economic and social development of less developed countries...