The Senkaku Islands Dispute Between Japan and China: A Note on Recent Trends

2003 ◽

Author(s):

Chiaku Chukwuogor Ndu

Keyword(s):

Developing Countries ◽

21St Century ◽

Multinational Enterprises ◽

Developing Economies ◽

Developed Countries ◽

Global Trends ◽

World Government ◽

Recent Trends ◽

The Developed Countries ◽

Japan And China

This paper examines recent global trends of foreign direct investment (FDI) flows and the benefits derivable by the recipient countries. Some of The developed countries of the West, Japan and China are the greatest recipients of FDI flows. There has been dramatic increase in FDI flows to developing countries in Asia, Latin America and the transition countries in Europe. In general developing countries are still unable to attract significant FDI. Africa’s share of the FDI flows though slightly on the increase has been abysmally low. The identifiable reasons for this trend were highlighted. To achieve a more balance flow of FDI in the 21st century, a concerted effort should be made by international organizations, leading world government, multinational enterprises and governments of developing economies, through dialogue and negotiations to encourage multinational enterprises to diversify their investments across developing economies otherwise marginalized by globalization and liberalization.

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The World Economy

National Institute Economic Review ◽

10.1177/0027950105058546 ◽

2005 ◽

Vol 193 ◽

pp. 11-32

Keyword(s):

World Economy ◽

Domestic Demand ◽

Gdp Growth ◽

The Us ◽

The World ◽

Recent Trends ◽

Trade Growth ◽

The Uk ◽

Global Growth ◽

Japan And China

World growth accelerated to its fastest pace in 28 years in 2004, reaching 5.1 per cent. Global growth well above trend reflected strong domestic demand in the US, France, the UK, Canada and Spain, as well as oil exporting nations such as Russia, Mexico and Opec members. Japan and China also benefited from a strong boost to net trade, with world trade growth rising to 9.1 per cent following 3 years of sub—trend growth. GDP Growth in both the US and Japan rose well above recent trends last year, while the UK and Canada also performed relatively well. We also saw a strong acceleration in South America and Africa. The Euro Area remained weak relative to the other major economies, but nonetheless GDP growth accelerated by a full percentage point relative to 2003, to 1.7 per cent.

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