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Тhis book concerns the world of transnational investing and the drift in U.S. policy towards conditional national treatment and the use of foreign investors as a trade tool.

This work should be useful reading for those concerned with the world of transnational investing and the drift in U.S. policy towards conditional national treatment and the use of foreign investors as a trade tool.

The United States is at an important juncture in its foreign investment policy. Traditionally, the United States has maintained an open door at home while also promoting investment liberalization abroad. These effords have paid off, with other countries moving at an unprecedented rate to immitate the United States and to reduce barriers to international investment flows. Multilateral and regional agreements have been signed, and unilateral liberalization measures have been taken by a growing number of countries, At the same time, however, a new movement has been gaining ground in the US to manage and impose new conditions on inward flows of investment. At issue is whether we should use foreign investors in the domestic economy as a trade tool to "level the playing field" and open markets abroad.

Cyntihia Beltz (Editor)

Cynthia Beltz is a reserch fellow at the American Enterprise Institute. She is the author of "High-Tech Maneuvers: Industrial Policy Lessons of HDTV". She is a columnist for "Upsude" - a journal for high-techonolgy business executives, and she is currently writing "Techology and Jobs", a study of the ways in which technological progress affects labor markets.