Journal of Economic Literature
Book Reviews
2026-08-28
Devashish Mitra of Syracuse University, NBER, and IZA reviews “US National Security and Foreign Direct Investment” by Edward M. Graham, David M. Marchick,. The EconLit Abstract of the reviewed work begins “Examines foreign direct investment in the United States and the Exon-Florio Law in the current policy context of post-9/11, a worldwide war on terrorism, and new concerns over the economic and political rise of China. Discusses the Exon-Florio Amendment; the economic effects of foreign investment in the United States; national security issues related to investments from China; politicization of the Committee on Foreign Investment in the United States process; and improving the implementation of Exon-Florio. Graham is Senior Fellow at the Institute for International Economics and Adjunct Professor at Columbia University. Marchick is a partner with Covington and Burling. Index.”