Foreign Direct Investment. Review of Commerce Department Reports and Data-Sharing Activities.

reportActive / Technical Report | Accession Number: ADA304573 | Open PDF

Abstract:

This is General Accounting Offices GAO final report responding to a requirement under the Foreign Direct Investment and International Financial Data Improvements Act of 1990 Public Law 101-533 that we analyze the Secretary of Commerces first three annual reports on foreign direct investment in the United States FDIUS and review federal government efforts to improve the quality of foreign direct investment FDI data. Specifically, GAOs objectives were to 1 assess the extent to which Commerces second and third report-issued in 1993 and 1995-fulfilled the requirements of the 1990 act and addressed the recommendations in our 1992 report 2 review the process by which federal agencies collect FDI data 3 review the status and processes of the data exchanges, or links, initiated by the 1990 act between the Commerce Departments Bureau of Economic Analysis BEA and its Bureau of the Census and between BEA and the Labor Departments Bureau of Labor Statistics BLS and 4 evaluate the extent to which implementation of the act has brought about the intended improvements in public information on FDI in the United States.

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