The Organization for International Investment (OFII), a Washington business association representing the unique interests of U.S. subsidiaries of global companies, has launched a campaign aimed at strengthening America’s infrastructure to enhance U.S. competitiveness and attract foreign direct investment.

As part of this campaign, OFII has released Building Competitiveness—American Jobs, American Infrastructure, American Global Competitiveness, by Professor Matthew Slaughter of Dartmouth College’s Tuck School of Business. The paper highlights the critical link between strengthening our infrastructure—including public transportation—and remaining globally competitive.

“High-quality infrastructure has helped boost U.S. productivity and standards of living, in part by encouraging global companies to create high-paying jobs here,” Slaughter wrote. “Today, however, America’s infrastructure is deteriorating—both in absolute terms and relative to other countries that are rapidly bolstering their infrastructure. Applying the best practices in infrastructure investment and innovation from around the world can help America rebuild its infrastructure.”

“Historically, America’s infrastructure has provided the U.S. with a competitive advantage that has helped to attract worldwide investment to this country,” said Nancy McLernon, OFII president and chief executive officer. “Despite the current fiscal constraints the U.S. faces, we must ensure America has a world-class infrastructure. The U.S. subsidiaries of global companies have a strong interest in an efficient, modernized infrastructure to maintain their success in this country and enable them to continue as a source of American job creation into the future.”

The text of the report is available here.