US capital market competitiveness remained weak in 2012 with many competitiveness measures suffering declines from the previous year, according to the Committee on Capital Markets.
The Committee on Capital Markets Regulation, an independent and nonpartisan research organization dedicated to improving regulation and enhancing the competitiveness of U.S. capital markets, today released data from the second quarter of 2012.
A bipartisan group of lawmakers on Thursday are calling for action to boost the US share of global foreign investment, which has fallen 50 per cent over the past decade as companies pour money into faster-growing economies.
Professors Robin Greenwood and David Scharfstein make recommendations in three important domains in which the U.S. financial system has underperformed: financial stability, housing finance, and investment costs.