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Invest in America

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Total Stock of FDI in the United States in 2004 ... Photo UW-Madison University Communications. 12. Center for Global Innovation ... – PowerPoint PPT presentation

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Title: Invest in America


1
Invest in America
Aaron Brickman Director, Invest in America
Initiative
2
USA Open for Business
The United States unequivocally supports
international investment in this country and is
equally committed to securing fair, equitable,
and nondiscriminatory treatment for U.S.
investors abroad. May 10, 2007
3
USA Open for Business
Foreign investment is good for our
countryanything we can do to make this an
environment that attracts capital will be good
for our economy and good for our people. (May
10, 2007) Commerce Secretary Carlos Gutierrez
Foreign investment in the United States
strengthens our economy, improves productivity,
creates good jobs, and spurs healthy
competition.  Americans have prospered as foreign
companies have put their money to work here.
(May 10, 2007) Treasury Secretary Henry Paulson
4
FDI in the U.S. Economy
U.S. Workers Employed by Foreign Companies in
2005 U.S. Jobs that Indirectly Depend on FDI in
2005 Total Stock of FDI in the United States in
2004 Amount that Foreign Firms Reinvested Back
into the U.S. Economy in 2004
5,100,000 4,600,000 1.9 Trillion 80.3 Billion
Source Department of Commerce, Bureau of
Economic Analysis, OFII
5
FDI in the U.S. Economy
Foreign Firms Pay 11 of U.S. Corporate Tax
Revenues (19.1 Billion in 2003)
Foreign Firms Generate 19 of U.S. Exports
(153.9 billion in 2004)
Source Department of Commerce, Bureau of
Economic Analysis, OFII
6
Exceptional Investment Climate
1
United States Global Rank 2005 FDI Potential
Index Source United Nations Conference on Trade
and Development
7
Exceptional Investment Climate
1
Business Competitiveness Index 2006 Source World
Economic Forum
1
Global Innovation Index 2007 Source World
Business/INSEAD
3
Ease of Doing Business 2006 Source World Bank
8
Center of Global Innovation
Nobel Laureates in the Sciences 1990-2006
Source The Nobel Foundation
9
Center for Global Innovation
196,436
Number of Patents Granted in 2006 by the U.S.
Patent Office
48 Originated from a Foreign Country Source
United States Patent and Trademark Office
10

Center for Global Innovation
Top Ten Universities in the World
11
Center for Global Innovation
United States 35
Source American Association for the Advancement
of Science World OECD members plus Argentina,
China, Romania, Israel, Russia, Singapore,
Slovenia, South Africa, Taiwan
12
Center for Global Innovation
1 USA 43.76 Billion 2 UK 22.36
Billion 3 Japan 7.06 Billion 4
France 6.12 Billion 5 Germany 4.41 Billion
Source PricewaterhouseCoopers Global Private
Equity Report 2005
13
Open to Cultures and Ideas
  • More Irish than Ireland
  • (30,500,000 People of Irish Ancestry Live
    in the USA)
  • More Filipinos than Manila
  • (2,116,000 People of Philippine Ancestry
    Live in the USA)
  • More Arabs than Medina
  • (1,200,000 People of Arab Ancestry Live
    in the USA)
  • More Chinese than Hangzhou
  • (2,271,000 People of Chinese Ancestry
    Live in the USA)
  • More Russians than Yekaterinburg
  • (2,652,000 People of Russian Ancestry
    Live in the USA)
  • More Mexicans than Mexico City
  • (18,382,000 People of Mexican Ancestry
    Live in the USA)
  • More Poles than Warsaw

Source US Census Bureau 2000 Denotes City
Proper
14
Highly Skilled Workforce
Switzerland
Canada
Ireland
Norway
51,000,000 Number of Americans with a
Bachelors Degree or Higher 3,800,000 Number of
Americans with a Professional Degree 2,000,000
Number of Americans with a Ph.D. Source U.S.
Census Bureau World Atlas
15
Productive Workforce
Between 2000-2005, the United States led the G-7
in Productivity Growth
Source U.S. Department of Labor, Bureau of Labor
Statistics
16
Flexible Labor Market
1
United States Rank in Among the G-8 Source 2007
Labor Freedom Index - Index of Economic Freedom
This Composite Measure Includes Minimum
wage Rigidity of hours Difficulty of firing
redundant employees Cost of firing redundant
employees
17
Premier Infrastructure
Source CIA World Factbook
18
Premier Infrastructure
Source CIA World Factbook
19
Dynamic Domestic Market
2007 Gross Domestic Product Per Capita Current
Prices U.S. Dollars
Source IMF World Economic Outlook Database, 2007
Staff Estimates
20
Dynamic Domestic Market
U.S. GDP (2006 Current Dollars)
13,246,000,000,000 301,684,000 43,900
U.S. Population (March 2007 Estimate)
Per Capita GDP
Source U.S. Department of Commerce, Bureau of
Economic Analysis
21
Dynamic Domestic Market
31,735 Per Capita Disposable Income (2006
Current Dollars)
Source U.S. Department of Commerce, Bureau of
Economic Analysis
22
Maintaining Competitiveness
Foreign Direct Investment in the U.S. (Millions
of dollars Without current-cost adjustment)
U.S. Share of Global FDI Inflows
Source U.S. Department of Commerce, Bureau of
Economic Analysis
Source UNCTAD
23
Open to Foreign Investment
Total Foreign Investment in U.S. Companies
2000-2006
On Average Since 2000, CFIUS Reviewed about 5 of
these Deals
Of this, CFIUS Requested Risk Mitigation
Assurances for Only a Handful of Transactions
Source U.S. Department of the Treasury
24
Global Financial Center
2007 Top Five Global Financial Centers Source
The Global Financial Centres Index (March 2007)
The theoretical maximum GFCI rating is 1,000. The
Global Financial Centres Index is based upon
surveys and external indices that analyzes five
specific categories people, business
environment, market access, infrastructure, and
general competitiveness.
25
Foreign Guests Welcome
The Volume of B1 B1/B2 Visas Issued in 2006
3,092,088
Initial Statistics from 2007 Indicate Volume
Continues to Grow Source Department of State
26
Foreign Guests Welcome
B1 B1/B2 Visas Issued by the United States
570 New Consular Positions were Created Since
2001 Source US Department of State
27
Here to Support You
Invest in America Initiative
  • Announced March 7, 2007 by Under Secretary of
    Commerce Frank Lavin
  • The Primary U.S. Government Mechanism to Manage
    Foreign Investment Promotion

28
Here to Support You
  • Core Mission
  • Outreach to Foreign Government and Investors
  • Support for State Governments Investment
    Promotion Efforts
  • Addressing Business Climate Concerns by Serving
    as Ombudsman in Washington for the International
    Investment Community

29
Contact Information
Aaron BrickmanDirector, Invest in America
Initiative Tel 202-482-1889Email
aaron.brickman_at_mail.doc.gov
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