American direct investments in the Common Market

Authors

  • B. BALASSA

DOI:

https://doi.org/10.13133/2037-3643/11644

Keywords:

Manufacturing, investments, US, Europe, policy

Abstract

The author considers the US share of manufacturing investments in Western Europe. He concludes that despite widely voiced concerns, there are no risks for national sovereignty. The author recognises that US companies derive technological and productivity advantages from government financed research and sales to federal agencies. He thus calls for a coordinated policy of research and public policy of research and public procurement in Europe as well.


JEL: F21, L60

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Published

2014-02-19

How to Cite

BALASSA, B. (2014). American direct investments in the Common Market. PSL Quarterly Review, 19(77). https://doi.org/10.13133/2037-3643/11644

Issue

Section

Editorial