Presenter Information

Margaret Yi HuiFollow

Degree Name

Doctor of Educational Leadership (EdD)

Department

Education

Streaming Media

Location

Carwein Auditorium (KEY 102), UW Tacoma

Event Website

http://guides.lib.uw.edu/tactalks

Start Date

19-5-2016 5:20 PM

End Date

19-5-2016 5:25 PM

Abstract

In an era of globalization, there is a strong relationship between foreign direct investment (FDI) and local economic growth. One of the paramount goals for Tacoma’s globalization is to identify investment opportunities, in order to keep pace with Seattle’s progress, and to become an important hub to host international capital movement. This project investigated the current FDI situation in Tacoma, addressed the reasons why Tacoma lagged behind in FDI development, and put forward some suggestions to change the status quo. Qualitative research methods were applied to conduct interviews and surveys to collect the opinions of the stakeholders, such as the foreign investors, practitioners at Port of Tacoma, World Trade Center, and governmental officials at City of Tacoma, about how to develop FDI given there were many historic, political, and economic challenges.

The paper also highlights for Tacoma lessons drawn from three models: Portland, Oakland, and Oklahoma City, and how they grew FDI.

Based on the stakeholders’ opinions, I prioritized opportunities and now recommend that the most productive approach is to take an open and dynamic stance towards the potential investors from diverse countries, with international educational exchange as a vehicle adopted to boost more FDI. Consequently, the new jobs created by FDI will bring increased household income to local residents and future incoming immigrants. Meanwhile, Tacoma will strengthen her reputation as a college town that could attract more international students who bring wealth, cultural abundance, and reserve force of talents for our community.

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May 19th, 5:20 PM May 19th, 5:25 PM

Attracting Foreign Direct Investment in the Process of Tacoma's Globalization

Carwein Auditorium (KEY 102), UW Tacoma

In an era of globalization, there is a strong relationship between foreign direct investment (FDI) and local economic growth. One of the paramount goals for Tacoma’s globalization is to identify investment opportunities, in order to keep pace with Seattle’s progress, and to become an important hub to host international capital movement. This project investigated the current FDI situation in Tacoma, addressed the reasons why Tacoma lagged behind in FDI development, and put forward some suggestions to change the status quo. Qualitative research methods were applied to conduct interviews and surveys to collect the opinions of the stakeholders, such as the foreign investors, practitioners at Port of Tacoma, World Trade Center, and governmental officials at City of Tacoma, about how to develop FDI given there were many historic, political, and economic challenges.

The paper also highlights for Tacoma lessons drawn from three models: Portland, Oakland, and Oklahoma City, and how they grew FDI.

Based on the stakeholders’ opinions, I prioritized opportunities and now recommend that the most productive approach is to take an open and dynamic stance towards the potential investors from diverse countries, with international educational exchange as a vehicle adopted to boost more FDI. Consequently, the new jobs created by FDI will bring increased household income to local residents and future incoming immigrants. Meanwhile, Tacoma will strengthen her reputation as a college town that could attract more international students who bring wealth, cultural abundance, and reserve force of talents for our community.

http://digitalcommons.tacoma.uw.edu/tactalks/2016/spring/13