Skip to main content
SpringerLink
Log in

Shaping Globalization: Recent Trends in Asia-Pacific Foreign Direct Investment

  • Chapter
  • First Online:
Asia's Changing International Investment Regime

Part of the book series: International Law and the Global South ((ILGS))

  • 843 Accesses

Abstract

Foreign direct investment (FDI) plays an important role in achieving economic growth in developing economies, especially in economies with insufficient domestic capital. FDI acts as a potential source of capital, foreign exchange, skills, market access, employment, and linkages for growth in other areas of the host (and possibly source) economy.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution

Subscribe and save

Springer+ Basic
$34.99 /Month
  • Get 10 units per month
  • Download Article/Chapter or eBook
  • 1 Unit = 1 Article or 1 Chapter
  • Cancel anytime
Subscribe now

Buy Now

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 159.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Similar content being viewed by others

Notes

  1. 1.

    Brooks et al. (2003).

  2. 2.

    Miyake and Sass (2000).

  3. 3.

    Findlay (1978, pp. 1–16).

  4. 4.

    Rivera-Batiz and Rivera-Batiz (1991, pp. 287–307).

  5. 5.

    Helpman et al. (2004, pp. 300–16).

  6. 6.

    Yeaple (2008).

  7. 7.

    Kentor (1998, pp. 1024–1046).

  8. 8.

    Aitken and Harrison (1999, pp. 605–618).

  9. 9.

    Braunstein and Epstein (2002).

  10. 10.

    Boyd and Smith (1992, pp. 409–32).

  11. 11.

    Brooks and Hill (2004).

  12. 12.

    Figlio and Blonigen (2000, pp. 48: 338–63).

  13. 13.

    Organisation for Economic Co-operation and Development (OECD) (2002).

  14. 14.

    Rugman and Doh (2008).

  15. 15.

    Sauvant and Mallampally (2015, pp. 237–268).

  16. 16.

    UNCTAD (2012).

  17. 17.

    Miyake and Sass (2000).

  18. 18.

    UNDESA, World Economic and Social Survey 2005: financing for development, (2005). United Nations Publications.

  19. 19.

    UNCTAD (2012).

  20. 20.

    Moran (2015, pp. 21–31).

  21. 21.

    UNCTAD (2015).

  22. 22.

    Tadesse and Shukralla (2011, pp. 141–59).

  23. 23.

    Manabu and Nabeshima (2012).

  24. 24.

    These ranges are marginally different than those for the conventional Herfindahl-Hirschman index of industrial concentration. A conventional index value below 0.1 is ‘unconcentrated’; those between 0.1 and 0.18 are considered ‘moderately concentrated’, and those above 0.18 are ‘highly concentrated’.

  25. 25.

    For more information on RIAG, see Abdullaev et al. (2015, pp. 88–97).

References

  • Abdullaev, Bekzod, Douglas Brooks, and Ken Waller. 2015. Investment policy in APEC: Developments and a look forward. In Current issues in Asia Pacific foreign direct investment, 88–97. The Australian APEC Study Centre at RMIT.

    Google Scholar 

  • Aitken, Brian, and Ann Harrison. 1999. Do domestic firms benefit from direct foreign investment? Evidence from Venezuela. American Economic Review 89: 605–618.

    Article  Google Scholar 

  • Boyd, John, and Bruce Smith. 1992. Intermediation and the equilibrium allocation of investment capital: Implications for economic development. Journal of Monetary Economics 30: 409–432.

    Article  Google Scholar 

  • Braunstein, Elissa, and Gerald Epstein. 2002. Bargaining power and foreign direct investment in China: Can 1.3 billion consumers tame the multinationals? CEPA Working Paper 2002/13. New York: Center for Economic Policy Analysis.

    Google Scholar 

  • Brooks, Douglas H., and Hal Hill (eds.). 2004. Managing FDI in a globalizing economy: Asian experiences. London: Palgrave Macmillan.

    Google Scholar 

  • Brooks, Douglas H., Emma Fan, and Lea Sumulong. 2003. Foreign direct investment in developing Asia: Trends, effects, and likely issues for the forthcoming WTO negotiations. ERD Working Paper No. 38, Manila: Asian Development Bank.

    Google Scholar 

  • Figlio, David, and Bruce Blonigen. 2000. The effects of foreign direct investment on local communities. Journal of Urban Economics 48: 338–363.

    Article  Google Scholar 

  • Findlay, Ronald. 1978. Relative backwardness, direct foreign investment, and the transfer of technology: A simple dynamic model. Quarterly Journal of Economics 92: 1–16.

    Article  Google Scholar 

  • Helpman, Elhanan, Mark Melitz, and Steven Yeaple. 2004. Export versus FDI with heterogeneous firms. American Economic Review 94: 300–316.

    Article  Google Scholar 

  • Kentor, Jeffrey. 1998. The long-term effects of foreign investment dependence on economic growth, 1940–1990. American Journal of Sociology 103: 1024–1046.

    Article  Google Scholar 

  • Manabu, Iwamoto, and Kaoru Nabeshima. 2012. Can FDI promote export diversification and sophistication of host countries? Dynamic panel system GMM analysis. Discussion Paper No. 347, Institute of Developing Economies.

    Google Scholar 

  • Miyake, Maiko, and Magdolna Sass. 2000. Recent trends in foreign direct investment. OECD Financial Market Trends, No. 76.

    Google Scholar 

  • Moran, Theodore. 2015. Foreign direct investment, supply chain creation, and structural transformation: Lessons for APEC. In Current issues in Asia Pacific foreign direct investment, 21–31. The Australian APEC Study Centre at RMIT.

    Google Scholar 

  • Organisation for Economic Co-operation and Development (OECD). 2002. Foreign direct investment for development: Maximising benefits, minimising costs. Paris: OECD.

    Google Scholar 

  • Rivera-Batiz, Francisco, and Luis Rivera-Batiz. 1991. The effects of direct foreign investment in the presence of increasing returns due to specialization. Journal of Development Economics 34: 287–307.

    Article  Google Scholar 

  • Rugman, Alan, and Jonathan Doh. 2008. Multinationals and development. New Haven: Yale University Press.

    Google Scholar 

  • Sauvant, Karl, and Padma Mallampally. 2015. Policy options for promoting foreign direct investment in the least developed countries. Transnational Corporations Review 7: 237–268.

    Article  Google Scholar 

  • Tadesse, Bedassa, and Elias Shukralla. 2011. The impact of foreign direct investment on horizontal export diversification: Empirical evidence. Applied Economics 45: 141–159.

    Article  Google Scholar 

  • UNCTAD. 2012. Regional integration and foreign direct investment in developing and transition economies, Geneva.

    Google Scholar 

  • UNCTAD. 2015. World investment report 2015: Reforming international investment governance. Geneva: United Nations Publications.

    Google Scholar 

  • UNDESA. 2005. World economic and social survey 2005: Financing for development. United Nations Publications.

    Google Scholar 

  • Yeaple, Stephen. 2008. Firm heterogeneity and the structure of U.S. multinational activity: An empirical analysis. NBER Working Paper No. 14072, National Bureau of Economic Research.

    Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Australian APEC Study Centre, RMIT University, Melbourne, Australia

    Bekzod Abdullaev & Douglas H. Brooks

Authors
  1. Bekzod Abdullaev
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Douglas H. Brooks
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Bekzod Abdullaev .

Editor information

Editors and Affiliations

  1. School of Law, Chinese University of Hong Kong, Hong Kong, Hong Kong

    Julien Chaisse

  2. Graduate School of International Development, Nagoya University, Nagoya, Japan

    Tomoko Ishikawa

  3. Institute of Malaysian and International Studies (IKMAS), National University of Malaysia, Bangi, Malaysia

    Sufian Jusoh

Rights and permissions

Reprints and permissions

Copyright information

© 2017 Springer Nature Singapore Pte Ltd.

About this chapter

Cite this chapter

Abdullaev, B., Brooks, D.H. (2017). Shaping Globalization: Recent Trends in Asia-Pacific Foreign Direct Investment. In: Chaisse, J., Ishikawa, T., Jusoh, S. (eds) Asia's Changing International Investment Regime. International Law and the Global South. Springer, Singapore. https://doi.org/10.1007/978-981-10-5882-0_3

Download citation

  • DOI: https://doi.org/10.1007/978-981-10-5882-0_3

  • Published:

  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-10-5881-3

  • Online ISBN: 978-981-10-5882-0

  • eBook Packages: Law and CriminologyLaw and Criminology (R0)

Publish with us

Policies and ethics

Search

Navigation