Changing Character of Foreign Direct Investment from Developing Countries: Case Studies from Asia
AbstractFDI flows originating in developing countries have evolved in terms of increasing magnitudes as well as in terms of their motivations. In the initial round, developing country FDI were essentially horizontal in nature, generally destined to other developing countries seeking markets. Using case studies of FDI from selected Asian developing countries, the paper shows that since the mid-1980s, developing country enterprises have increasingly used FDI as a strategic tool for promoting their competitiveness abroad. This transformation has ensued from recent global trends of emergence of regional trading blocs, rising protectionism in the industrialised countries, and rising wages and currency appreciations in certain developing countries.
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Bibliographic InfoPaper provided by United Nations University - INTECH in its series UNU-INTECH Discussion Paper Series with number 16.
Date of creation: 1995
Date of revision:
Foreign Investment; Direct Investment; Developing Countries; Asia;
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- Louis T. Wells, 1983. "Third World Multinationals: The Rise of Foreign Investments from Developing Countries," MIT Press Books, The MIT Press, edition 1, volume 1, number 026273169x, December.
- Kumar, Nagesh, 1995. "Industrialization, Liberalization and Two Way Flows of Foreign Direct Investment: The Case of India," UNU-INTECH Discussion Paper Series 03, United Nations University - INTECH.
- Yoong-Deok Jeon, 1992. "The determinants of Korean foreign direct investment in manufacturing industries," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 128(3), pages 527-542, September.
- Nagesh Kumar, 1994. "Determinants of Export Orientation of Foreign Production by U.S. Multinationals: An Inter-Country Analysis," Journal of International Business Studies, Palgrave Macmillan, vol. 25(1), pages 141-156, March.
- Lall, Sanjaya, 1984. "Exports of technology by newly-industrializing countries: An overview," World Development, Elsevier, vol. 12(5-6), pages 471-480.
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