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Foreign investment as a factor in Asian Pacific integration

  • Foreign Direct Investment
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Intereconomics

Abstract

The Asian Pacific countries do not only show unparalled growth dynamics, they are also in the process of growing ever closer together. There is already talk of the creation of a new economic bloc. The following article analyses private direct investment in the Asian Pacific area, an element in the economic integration of the region which has been paid little attention until now.

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References

  1. Cf. OECD: Long-Term Prospects for the World Economy, Paris 1992; World Bank: Global Economic Prospects and the Developing Countries 1992, Washington 1992.

  2. see OECD: Foreign Direct Investment Flows: Recent Developments and Prospects, in: Financial Market Trends, Paris 1992.

  3. Cf. Vietnam Opening, in: Far Eastern Economic Review of 28th May 1992.

  4. Cf. Far Eastern Economic Review of 9th April 1992. Recently there has been talk of a veritable “mainland fever”; see Business Week of 10th August 1992.

  5. Cf. Far Eastern Economic Review of 9th April 1992 and The Financial Times of 21st July 1992.

  6. Cf. H. Hill: Foreign Investment and East Asian Economic Development, in: Asian-Pacific Literature, No. 2, 1990, p. 35.

  7. Cf. UNIDO: Industry and Development, Global Report 1990/91, Vienna 1990, p. 81.

  8. Cf. H. Hill, op. cit., Foreign Investment and East Asian Economic Development, in: Asian-Pacific Literature, No. 2, 1990, p. 35.

  9. See UNCTC: World Investment Report 1991, The Triad in Foreign Direct Investment, New York 1991.

  10. Cf. M. Ariff and I. E. Chye: ASEAN-Pacific Trade Relations, in: ASEAN Economic Bulletin, Vol. 8 (1992), No. 3, p. 258.

  11. Cf. UNCTC, op. cit. World Investment Report 1991, The Triad in Foreign Direct Investment, New York 1991.

  12. Cf. UNIDO, op. cit., Industry and Development, Global Report 1990/91, Vienna 1990., p. 18.

  13. Cf. C. Kikutani: Dynamic Development, in: Journal of Japanese Trade and Development, No. 6, 1989.

  14. Cf. UNIDO, op. cit. Industry and Development, Global Report 1990/91, Vienna 1990.

  15. Cf. J. Riedel: Intra-Asian Trade and Foreign Direct Investment, in: Asian Development Review, Vol. 9, No. 1, pp. 111–146.

  16. Cf. Wen-Jeng Kuo et al.: The Impacts of Outward Direct Investment on Taiwanese Economic Development—an ASEAN Regional Survey, Chung-Hua Institution for Economic Research, Taipei 1991.

  17. Cf. Ian Chalmers: The Political Economy of the Electronics Industry in ASEAN, in: ASEAN Economic Bulletin, Vol. 8 (1991), No. 2, p. 201.

  18. Ibid. Cf. Ian Chalmers: The Political Economy of the Electronics Industry in ASEAN, in: ASEAN Economic Bulletin, Vol. 8 (1991), No. 2, p. 204.

  19. Cf. Rolf Jungnickel: Neue Technologien und Produktionsverlagerung, Hamburg 1990.

  20. Cf. Ian Chalmers, op. cit., The Political Economy of the Electronics Industry in ASEAN, in: ASEAN Economic Bulletin, Vol. 8 (1991), No. 2, p 204.

  21. Cf. F. A. Alburo et al.: Pacific Direct Investment Flows into ASEAN, in: ASEAN Economic Bulletin, Vol. 8, March 1992.

  22. UNIDO, op. cit. Foreign Investment and East Asian Economic Development, in: Asian-Pacific Literature, No. 2, 1990, p. 35.

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This article is based on a study completed in November 1991 for the Federal Ministry of Economic Affairs. The study has now been published in German and is available on request from the authors: Axel Borrmann and Rolf Jungnickel: Auslandsinvestitionen im asiatisch-pazifischen Integrationsprozess, HWWA-Report No. 102, Hamburg 1992.

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Borrmann, A., Jungnickel, R. Foreign investment as a factor in Asian Pacific integration. Intereconomics 27, 282–288 (1992). https://doi.org/10.1007/BF02928061

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