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US Foreign Direct Investment in East Asia: Strategy and Policy Issues

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  • Mahani ZAINAL ABIDIN
  • Nor Izzatina ABDUL AZIZ

Abstract

East Asian trade and investment policies have attracted US investment into the region, but these policies should be fine‐tuned for the region to compete effectively for US investment inflow and increase their global share of US foreign direct investment. The changes should consider the needs of the US investors and East Asia's own economic development. Bilateral free trade agreements with the US are the likely channel for these changes, but the question is whether East Asia is ready for a comprehensive and deep liberalization. East Asia should work toward a regional investment policy framework to facilitate and expand the regional production network developed by the US foreign direct investment.

Suggested Citation

  • Mahani ZAINAL ABIDIN & Nor Izzatina ABDUL AZIZ, 2009. "US Foreign Direct Investment in East Asia: Strategy and Policy Issues," Asian Economic Policy Review, Japan Center for Economic Research, vol. 4(2), pages 248-266, December.
    • Handle: RePEc:bla:asiapr:v:4:y:2009:i:2:p:248-266
    DOI: 10.1111/j.1748-3131.2009.01130.x
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