Expansion of FDI in Emerging Asia: Strategic and Policy challenges
Abstract
Capital throughout the world has become increasingly mobile in recent decades and international trade has been exploding. Until the mid-1980s, the role of developing Asian economies as sources of investment was negligible. A regional pattern of FDI flows has emerged, with investors’ attention shifting away from traditionally important locations in developed countries in favour of emerging markets, especially Asia and South-eastern Europe. As emerging countries, particularly in Asia, remove restrictions and implement policies to attract foreign direct investment inflows, there is a need to identify new challenges in terms of business strategies and regulatory policies. This book explore the recent developments in FDI flows and their impacts in developing Asia, and the importance of the policy context in which those flows occur. It is important to address three levels of analysis: the role of MNEs (in particular in India and China), the domestic and regional frameworks and finally the impacts at the global level or, in other words, on the multilateral regulation of FDI.
Foreword Alan Rugman
Chapter 1: Editor’s Introduction: Patterns and dynamics of Asia’s growing share of FDI Philippe Gugler and Julien Chaisse
Part I: Internationalisation Strategy of Emerging Asian firms: Examples from China and India
Chapter 2: The Rise of Chinese Multinational Enterprises Philippe Gugler and Bertram Boie
Chapter 3: International Acquisitions and the Globalization of Firms from India Andrew Delios, Ajai Singh Gaur, Shawkat Kamal
Chapter 4: The reshaping of global capitalism by MNEs from emerging countries Joël Ruet
Part II: Regional and National Initiatives Affecting Trade and Investment in Asia
Chapter 5: Towards China’s greater influence on the world's finances: A legal analysis of Chinese Overseas Direct Investment Jianqiang Nie
Chapter 6: Chinese BITs in the 21st Century: Protecting Chinese Investment Jun Xiao
Chapter 7: Investment Liberalization in the Association of Southeast Asian Nations: Progress, Regress or Stumbling Bloc? Darryl Jarvis, Chen Shaofeng, Tan Teck Boon
Chapter 8: Economic Impact of Investment Provisions in Asian RTAs Sebastien Miroudot
Part III: Asian Interest in Multilateral Rules on Trade and Investment: A New Paradigm?
Chapter 9: Dealing with the Noodle Bowl Effect in Asia: Consolidation, Multilateralization, Harmonization or Dilution? Jayant Menon
Chapter 10: India’s Multilayered FDI regulation: Between resistance to multilateral negotiations and unilateral proactivism Julien Chaisse, Debashis Chakraborty, Arup Guha
Chapter 11: Conditions and ways of restoring investment to the WTO negotiation agenda Chang-Fa Lo
Suggested Citation
Julien Chaisse and Philippe Gugler. Expansion of FDI in Emerging Asia: Strategic and Policy challenges. London: Routledge, 2009.