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Australasia (except Australia or New Zealand)

In: IRM Directory of Statistics of International Investment and Production

Author

Listed:
  • John Dunning

    (Institute for Research and Information on Multinationals)

  • John Cantwell

    (Institute for Research and Information on Multinationals)

Abstract

Fiji is a modern host country for foreign direct investment, with effectively no outward investment. The penetration by foreign companies has slightly declined in recent years due to a slow down of new foreign investment and a trend of ‘buy-outs’ by European nationals. The main foreign investor is Australia, with New Zealand, the UK, the USA and Japan also being of importance. Nearly 70% of all inward investment is in the tertiary sector but there are also substantial foreign interests in fishing, mining and forestry. There is some anxiety about dependence on Australia, and a wish not to become as reliant on foreign owned firms as Canada, but generally foreign investment has been well received and considered beneficial. Joint ventures between foreign and local investors are encouraged; only in the sugar industry is no foreign participation allowed.

Suggested Citation

  • John Dunning & John Cantwell, 1987. "Australasia (except Australia or New Zealand)," Palgrave Macmillan Books, in: IRM Directory of Statistics of International Investment and Production, pages 615-634, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-08350-3_7
    DOI: 10.1007/978-1-349-08350-3_7
    as

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