The us attracted FDI equivalent to 6.6% of GDP, compared with the global average is 17%. The plan was SelectUSA the Obama administration launched two years ago, as part of a large-scale initiative to promote foreign direct investment (FDI) into the Usa. However, the weak and slow economic recovery coupled with the political impasse, the instability in public policy and the risk of falling into the fiscal crisis has prompted foreign companies to gradually withdraw from the American market. According to the report by the White House announced on October 31, the flow of FDI poured into America in 2012 has reduced to 166 billion dollars, down 28% compared with the same period a year ago. FDI flow into America expected this year could continue falling because the Federal Government is closed over the past Ten month 2 weeks, sparking concerns about the ability of the u.s. Government in managing, operating economy, could lead to the disturbance on the global financial markets , as well as undermine the trust of consumers and business in the country.To reverse the trend of declining FDI, President Obama has outlined a series of measures at the national level to entice foreign companies to invest, to create jobs in America.
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