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Foreign Investment and East Asian Economic Development

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  • Hal Hill

Abstract

This article surveys and anabses the very lure literature on direct foreign investmenl (DFI) in the developing economies of East Asia and the Southwest Pacifi. Commencing with an overview of the MNC (mufcinafional corporation) presence in the region, successive sections a‐amine patterns and performance of major investors, trude‐DFI interrelationships, the impact of DFI on market structure and peflormance, the modalities of MNC entry, and host country policy. The latter, it is argues, is criticully importunt for assessments of the costs and benefits of DFI.

Suggested Citation

  • Hal Hill, 1990. "Foreign Investment and East Asian Economic Development," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 4(2), pages 21-58, September.
    • Handle: RePEc:bla:apacel:v:4:y:1990:i:2:p:21-58
    DOI: 10.1111/j.1467-8411.1990.tb00176.x
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    References listed on IDEAS

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    1. Kreye, Otto. & Fröbel, Folker. & Heinrichs, Jürgen., 1988. "Multinational enterprises and employment," ILO Working Papers 992631523402676, International Labour Organization.
    2. Lindsey, Charles & Valencia, Ernesto M., 1981. "Foreign Direct Investment in the Philippines: A Review of the Literature," Working Papers WP 1981-11, Philippine Institute for Development Studies.
    3. repec:ilo:ilowps:262960 is not listed on IDEAS
    4. Mark Casson, 1987. "The Firm and the Market: Studies on the Multinational Enterprise and the Scope of the Firm," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262031299, December.
    5. International Monetary Fund, 1985. "Foreign Private Investment in Developing Countries," IMF Occasional Papers 1985/001, International Monetary Fund.
    6. Yew, Siew Yong., 1988. "Employment effects of multinational enterprises in Malaysia Yew Siew Yong ; International Labour Office, Multinational Enterprises Programme," ILO Working Papers 992629603402676, International Labour Organization.
    7. Sibunruang A. & Brimble P., 1988. "The employment effects of manufacturing multinational enterprises in Thailand," ILO Working Papers 992622923402676, International Labour Organization.
    8. Lall, Rajiv, 1986. "Third world multinationals : The characteristics of Indian firms investing abroad," Journal of Development Economics, Elsevier, vol. 20(2), pages 381-397, March.
    9. Edward K. Y. Chen, 1983. "Multinational Corporations, Technology and Employment," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-06106-8, September.
    10. Sanjaya Lall, 1981. "Developing Countries in the International Economy," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-07680-2, September.
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    Cited by:

    1. Fry, Maxwell J., 1996. "How foreign direct investment in Pacific Asia improves the current account," Journal of Asian Economics, Elsevier, vol. 7(3), pages 459-486.
    2. Hill H., 1991. "Multinationals and employment in Indonesia," ILO Working Papers 992826083402676, International Labour Organization.
    3. repec:ilo:ilowps:282608 is not listed on IDEAS
    4. Rashmi Banga, 2003. "The export-diversifying impact of and U.S. foreign direct investments in indian manufacturing sector," Indian Council for Research on International Economic Relations, New Delhi Working Papers 110, Indian Council for Research on International Economic Relations, New Delhi, India.
    5. Axel Borrmann & Rolf Jungnickel, 1992. "Foreign investment as a factor in Asian Pacific integration," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 27(6), pages 282-288, November.
    6. Sels, A.T.H., 2006. "Foreign direct investment as an entry mode. An application in emerging economies," Other publications TiSEM 583ca9b5-1691-425d-8f77-0, Tilburg University, School of Economics and Management.
    7. Rashmi Banga, 2003. "The differential impact of Japanese and U.S. foreign direct investments on exports of Indian manufacturing," Indian Council for Research on International Economic Relations, New Delhi Working Papers 106, Indian Council for Research on International Economic Relations, New Delhi, India.
    8. Aldaba, Rafaelita M., 1994. "Foreign Direct Investment in the Philippines: A Reassessment," Research Paper Series RPS 1994-10, Philippine Institute for Development Studies.

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