The Internationalization of U.S. Manufacturing Causes and Consequences (1990) / Chapter Skim
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Appendix: Indicators of Internationalization
Appendix: Indicators of Internationalization
Pages 59-62
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From page 59... ...
More importantly, the stock of foreign direct investment in the United States multiplied 15 Ames between 1973 and 1988, reaching $328.8 billion; of that amount, $121.4 billion or about 37 percent was in manufacturing.2 These data deserve special emphasis. In the span of a decade a sea change occurred in global investment flows, with the United States shifting from the primary source country to the major home country.
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From page 60... ...
Though comprehensive Data are difficult to obtain, various studies have documented the number and range of such alliances in a number of key industries.9 For example, a recent study of international ventures in the semiconductor industry found 183 instances of international activity, including acquisitions and foreign direct investment, by firms based in the United States, Europe, Japan, and 3 United Nations, Transnational Corporations in World Development: An Overview, 198S, p.
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From page 61... ...
multinational corporations remain preeminent in global assets and have maintained their share of world manufacturing exports at about 18 percent,~3 foreign investment in the United States is increasing rapidly. Even more importantly, simple measures of assets no longer capture the pervasiveness of internationalization.
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