Multinationals and Economic Growth in East Asia (eBook, PDF)

Foreign Direct Investment, Corporate Strategies and National Economic Development
Redaktion: Urata, Shujiro; Kimura, Fukunari; Yue, Chia Siow

• Format: PDF

Produktbeschreibung

Developing countries in East Asia recorded remarkable economic growth until the Asian financial crisis erupted in mid-1997. Although several countries experienced devastating setbacks, most of them recovered to achieve reasonable rates of economic growth over the next few years. Sound macroeconomic management, export-oriented policies, and the availability of skilled and low-wage labour are among the factors that contributed to the rapid economic growth before the crisis and the recovery thereafter. Especially noteworthy in this regard is the role played by foreign direct investment (FDI).

This comprehensive book identifies the factors that contributed to the expansion of FDI inflows in East Asia and the factors that enabled recipient countries to utilize FDI effectively. It includes detailed case studies on China, South Korea, Taiwan, Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. Also included is a comparative study of investing firms headquartered in the United States, Japan and Hong Kong. The authors conclude that social stability, clear and effective policy implementation and corporate governance are all key factors in reaping economic success from FDI.

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Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 514
• Erscheinungstermin: 22. November 2006
• Englisch
• ISBN-13: 9781134177493
• Artikelnr.: 42675626

Autorenporträt

Shujiro Urata is Professor of Economics at Waseda University, Japan. Chia Siow Yue is Senior Research Fellow at the Singapore Institute of International Affairs. Fukunari Kimura is Professor in the Faculty of Economics at Keio University, Japan.

Inhaltsangabe

Introduction 1. FDI Flows, their Determinants, and Economic Impacts in East
Asia 2. Japanese Manufacturing FDI and International Production and
Distribution Networks in East Asia 3. U.S. Firms and East Asian Development
in the 1990s 4. Hong Kong as a Source of FDI: Experience and Significance
5. The Role of Inward FDI: A Case Study of Foreign Firms in the Republic of
Korea 6. Inward FDI in Singapore: Policy Framework and Economic Impact 7.
Firm-Level Productivity and FDI in Taiwan 8. Foreign Investment and
Development: Indonesia's Experience 9. FDI Inflows and Economic
Development: The Postcrisis Experience of Malaysia 10. FDI and Economic
Development: The Case of the Philippines 11. The Experience of FDI
Recipients: The Case of Thailand 12. FDI and Economic Development: The Case
of Vietnam 13. The Experience of FDI Recipients: The Case of China 14.
Liberalization, FDI Flows, and Economic Development: The Indian Experience
in the 1990s