REUTERS/Chris Keane - A finished BMW X4 is driven off the production line at the BMW manufacturing plant in Spartanburg, South Carolina March 28, 2014.

Blog Post

Cultivate Clusters as a Tool for an Effective FDI Strategy

August 7, 2014, Devashree Saha and Kenan Fikri

Despite growing concerns about the ability of the United States to continue attracting high-quality foreign direct investment (FDI), it remains the largest recipient of FDI in the world. Our latest report noted that, while the United States cannot afford to rest on its laurels, a few megatrends—the shale gas revolution lowering energy prices, rising wages and slowing growth in emerging markets and U.S. advantages in advanced manufacturing processes—bode well for long-term U.S. competitiveness.  

  • In the News

    If everyone is having a hard time in the labor market, young people are even more so. Work experience begets work, so it’s a cause for concern for how they’re going to do in the labor market down the line.

    March 14, 2014, Martha Ross, Bloomberg
  • In the News

    The bottom line is, the women's situation [in Japan] is not going to improve until you address more fundamental equity issues.

    September 10, 2013, Mireya Solís, Los Angeles Times
  • In the News

    The suburbs were created to house the new middle class in the 20th century, but the economy they were built around is vanishing. In the 21st century most of the good jobs are in the cities.

    June 7, 2013, Bruce Katz, Financial Times
  • In the News

    Really the location of employment relates to a number of different issues that affect the long term health, inclusivity, and sustainability of metropolitan areas.

    May 7, 2013, Elizabeth Kneebone, North Country Public Radio
  • In the News

    We've been in a very, very slow recovery now since 2009 and what we've been seeing is a very, very slow decline in the unemployment rate... increases in employment that barely keep up with the growth of the population.

    May 3, 2013, William T. Dickens, Yahoo! News
  • In the News

    The jobs that are growing fastest are jobs that don't pay very high wages. Lower-wage jobs are among the most suburbanized.

    April 23, 2013, Elizabeth Kneebone, The Huffington Post
  • In the News

    15 years ago in this country, we thought that [telecommuting] was the death of distance and that it was just going to ruin cities and we didn't see that at all. We see that people really do benefit from face-to-face conversations. Face-to-face conversations are going to be critical for many, many metropolitan jobs. There are many jobs that will require you to be face-to-face. Telecommuting does have a role [but] it's not going to solve all of our problems.

    March 10, 2013, Robert Puentes, WTOP Washington
  • In the News

    The number of unemployed continues to shrink, and job gains entirely in the private sector continue to be fast enough so that we can be whittling down the problem of both long-term unemployment and regular unemployment.

    March 9, 2013, Gary Burtless, National Public Radio
  • In the News

    [Washington, DC's reliance on goverment is] a relatively less dangerous addiction than others. Diversification can never be sold until it’s too late. Complexity breeds resilience. It’s true in natural systems, and it’s true in economics.

    March 7, 2013, Mark Muro, Washington Post
  • In the News

    We don't want to promote a zero-sum competition between regions in the U.S. If we want to focus on advanced manufacturing, as we should, I think the moderately high-tech industries are a good place to start. When companies are clustered together it tends to attract the kind of skilled labor force that they need and attract the suppliers that they do business with.

    February 25, 2013, Howard Wial,

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