In 2012, financial crises abound, creating a worldwide problem and fueling the fear of an alleged fast-approaching Armageddon. Professor Ken Rosen of the University of Alabama School of Law argues one solution to our international contagion comes from, ironically, the source of the problem: the inexorable interdependence of the world’s nations. Specifically, Rosen suggests foreign direct investment [FDI] can ameliorate the global economic downturn. In his presentation, “Collaboration and Indirect Support of Foreign Direct Investment”, he argued the importance of FDI in growing the world’s suffering economy. Further, because our current framework for fostering FDI is flawed, he suggests a remodeled international approach that complies with global accounting standards and builds trust between nations.
| Posted by Kathleen D. Bradshaw on Mon. February 27, 2012 8:58 AM
Categories: Investment in Foreign Markets