IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-38989-2_8.html
   My bibliography  Save this book chapter

Foreign Direct Investment Policies in the Asian NIEs

In: Learning from the Asian Tigers

Author

Listed:
  • Sanjaya Lall

    (University of Oxford)

Abstract

Two broad inter-related policy issues arise for developing countries in the context of international investment.1 The first is whether and how much FDI to allow in, i.e. if one should exercise selectivity in letting in MNCs. The second is, having allowed in FDI, whether to intervene selectively in the operations of MNCs, setting conditions for their operations, and targeting investments of higher ‘quality’. Both forms of intervention may be desirable if there is a perceived divergence between private and social returns from MNC activity in free markets. The first set of issues is determined by the costs and benefits of FDI to the developing host country as compared with alternative ways of accessing capital, technology and skills. The second is determined by market failures in domestic (and foreign) markets which guide MNC activities and which may be altered to obtain larger social benefits for the host economy.

Suggested Citation

  • Sanjaya Lall, 1996. "Foreign Direct Investment Policies in the Asian NIEs," Palgrave Macmillan Books, in: Learning from the Asian Tigers, chapter 8, pages 197-214, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-38989-2_8
    DOI: 10.1057/9780230389892_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-38989-2_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.