scholarly journals Savings, Investment & FDI Contribution To Malaysian Economic Growth In The Globalization Era

2011 ◽  
Vol 2 (8) ◽  
Author(s):  
Kasim Mansur ◽  
Markos Mamalakis ◽  
Sidah Idris
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Capital Accumulation ◽  
Direct Investment ◽  
World Economy ◽  
Full Employment ◽  
Economic Transformation ◽  
Solow Model ◽  
Pull Out ◽  
The World

What are the prospects and future of Foreign Direct Investment (FDI) in Malaysia now? Malaysia is undoubtedly a development success story. Throughout the post-independence period since 1957, Malaysia has enjoyed rapid economic growth with rising per capita income and price stability. Rising living standards, greater urbanization and access to health and education, and an improvement in the distribution of income have accompanied economic growth. Malaysian performance has been particularly remarkable after 1987 when the economy achieved above 7 per cent growth in seven consecutive years reaching virtual full employment in 1995. Malaysia now aspires to become a fully developed economy by 2020. This dramatic economic transformation has occurred against a background of massive shifts in the world economy as a result of increasing internationalization of production and trade. Foreign investment funds are returning to the market attracted by the corporate restructuring news and a belief that South East Asian stocks are generally undervalued. But FDI remains a big worry for the government and the last quarter figures cannot have helped. A recent survey by the Japanese Chamber of Trade and Industry in Malaysia claimed that the country no longer enjoyed a competitive advantage over its neighbors and that 22 per cent of Japanese companies operating in Malaysia were contemplating moving. In Penang more multinationals in the electronic sectors are planning to pull out of Malaysia in the next few months and relocate to China and Vietnam. So far these have all been in factories producing labor-intensive products. The main reason given for relocation is because of high labour costs. The purpose of this paper is to examine the Malaysian economic growth with emphasize on saving and investment in the context of globalization of the world economy. The main issues are: 1. Malaysian economic and Fiscal policy to stimulate economic growth. 2. The key policy shifts to guide the study of globalization and developmental implications to overall growth trends. 3. The role of foreign direct investment (FDI) and the implications of globalization for domestic employment and real wages, and poverty and income inequality.From our analysis we found that economic development in Malaysia can be seen as a variant of the Solow model, in which savings, investment and capital accumulation are the major agents of growth. One aspect of the fast factor accumulation in this country is the important of FDI flows as a source of technology and management skills. FDI vis a vis savings and investment may have triggered export competitiveness by improving the technology, management and marketing of export industries.

scholarly journals FEATURES OF GLOBAL INVESTMENT POLICY: MODERN TRENDS AND PROSPECTS

2019 ◽  
pp. 142-148
Author(s):  
Larisa Germanovna Chuvakhina
Keyword(s):  
Foreign Direct Investment ◽  
Foreign Investment ◽  
Direct Investment ◽  
World Economy ◽  
International Investment ◽  
Investment Policy ◽  
Investment Promotion ◽  
The Us ◽  
The World

The article highlights the current problems of investments in the development of the world economy, when international investment needs are significantly high. The priority is given to the issues of investment resources for achieving the goals of sustainable development of the world economy. It has been stated that for creating the effective economic policy, the countries need to attract foreign investment. The current trends in the development of global market for foreign direct investment flows are examined. The flows of global foreign direct investment in 2017-2018 are analyzed. Special attention is given to the study of the US investment policy. The reduction in US investments into the Russian economy in terms of the sanctions policy against Russia is marked. The changes in the investment policy of the administration of D. Trump in terms of strengthening American protectionism are underlined. The issues of US-EU investment cooperation are considered. The role of the US Federal Reserve in regulating the activities of foreign companies in the US market is defined. The main decisions taken at the X World Investment Forum of the United Nations Conference on Trade and Development in October, 2018 are considered. The role of investment promotion agencies is defined as one of the tools to attract foreign investments into the country's economy. The decrease in the level of international investment and increased competition between countries for attracting foreign investment is stated. The study confirms that the investment attractiveness of the country, stability of the national financial system, and legal security of business play a decisive role in attracting foreign direct investment.

Chapter II. The World Economy

1974 ◽  
Vol 68 ◽  
pp. 46-64
Keyword(s):  
Economic Growth ◽  
United Kingdom ◽  
World Economy ◽  
Western Europe ◽  
Full Employment ◽  
Balance Of Payments ◽  
West Germany ◽  
The United Kingdom ◽  
The World ◽  
Policy Objectives

We remarked in our last issue : ‘It is not often that a government finds itself confronted with the possibility of a simultaneous failure to achieve all four main policy objectives—of adequate economic growth, full employment, a satisfactory balance of payments and reasonably stable prices.’ In the context this applied specifically to the United Kingdom, but the possibility is becoming increasingly real for the greater part of Western Europe, with West Germany the most obvious exception, and even for Japan it is less remote than it might quite recently have seemed.

Determinant of Foreign Direct Investment into Developing Countries in the Circumstance of Globalization

Upravlenie ◽  
10.12737/8791 ◽  
2015 ◽  
Vol 3 (1) ◽  
pp. 76-79
Author(s):  
Данг ◽  
May An Dang
Keyword(s):  
Economic Growth ◽  
Developing Countries ◽  
Foreign Direct Investment ◽  
Intellectual Property ◽  
Foreign Investment ◽  
Direct Investment ◽  
Education Level ◽  
Property Right ◽  
Intellectual Property Right ◽  
The World

Foreign investment, especially FDI plays a role more and more important for economic growth and international integration. However, the flux of FDI in the world is influenced by many determinants such as the population, GDP, the education level, the law on intellectual property right… Analyzing these determinants of FDI could contribute to find out the trend of global FDI and the solutions for developing countries to attract more FDI for economic growth.

scholarly journals CORONAVIRUS BIAS OF THE MODERN WORLD ECONOMY : SCALES , RISKS, CONSEQUENCES

2021 ◽  
Vol 7 (1) ◽  
pp. 5-17
Author(s):  
E. N. Smirnov
Keyword(s):  
Economic Growth ◽  
International Economic ◽  
Foreign Direct Investment ◽  
International Trade ◽  
Direct Investment ◽  
World Economy ◽  
Global Value Chains ◽  
Value Chains ◽  
Modern World ◽  
Economic Relations

The objective of our article is to analyze the risks of a new coronavirus pandemic with impact on the dynamics of the modern world economy, as well as to assess the corresponding consequences and risks that will lead to the formation of a new model for organizing interactions in international trade, foreign direct investment and a revision of the determinants of global economic growth. The nature of the impact of the current pandemic on the existing system of international economic relations, in contrast to the previous global crises, is unprecedentedly tough, which has led to a number of contradictions in the development of global value chains, international trade flows, and  the  transformation  of  external  financing  conditions.  The  author  believes  that  the  most important  challenge  of  the  pandemic  is  not  only  the  recovery  of  the  economy  and  economic activity, maintaining the growth rate of labor productivity, but also in preventing the growth of inequality, in shaping the ability to manage global risks and imbalances. The trends towards the localization of international trade and the repatriation of global  value chains act as a risk of a significant slowdown in international exchange, which contradicts the canons and strategies for the development of foreign economic relations  of those countries  that ensured their economic growth by expanding participation in international trade and attracting foreign direct investment. According to the author, a new wave of international economic cooperation between countries can bring a new impetus to the development of international trade, capital movement and the dynamics of economic mobility.

scholarly journals Study of Information Communication Technology and Economic Growth Performance in Southeast Asian Countries

2021 ◽  
Vol 1 (2) ◽  
pp. 104-113
Author(s):  
Muhamad Ferdy Firmansyah ◽  
Muhammad Ihsaan Rizqulloh ◽  
Haikal Zulian Maulana
Keyword(s):  
Economic Growth ◽  
Foreign Direct Investment ◽  
Information And Communication Technology ◽  
Communication Technology ◽  
Significant Influence ◽  
Direct Investment ◽  
Asian Countries ◽  
The World ◽  
Information And Communication ◽  
Southeast Asian Countries

Information and communication technology is a set of tools or technology which in terminology includes all technical tools for processing and also disclosing informationInformation and communication technology, including media technology, has been growing in the era of globalization. The development of this technology has an impact on changes in people's behavior in the use of mass media and in the end also changes the pattern of effective community development in the digital era as it is today. The development of information and communication technology has brought many changes to human life in the world. Humans are able to penetrate time and space by using technology based on information and communication technology. This study uses secondary data obtained from the World Bank Indocator and the International Telecommunication Union. The method used is a quantitative method with panel data regression from 2010-2019 in eight Southeast Asian countries namely Brunei, Cambodia, Indonesia, Malaysia, Singapore, Philippines, Thailand and Vietnam. The variables used in this study are Economic Growth, ICT Trade Export, ICT Trade Import, Landline Telephone, Mobile Phone, Internet Users, Internet Secure Servers, Fixed Broadband, and Foreign Direct Investment. This study forms three models, namely model 1 for research on Trade Export of ICT, model 2 for research on Trade Import of ICT and model 3 for research on Economic Growth and ICT. The results showed that model 1 found only Fixed Broadband which had a significant influence on ICT exports. In model 2 there are Mobile Phone and Fixed Boradband which have a significant influence on the import of ICT. While in model 3 only Foreign Direct Investment has a significant influence on economic growth.

scholarly journals Strategies and Determinants of Foreign Direct Investment (FDI) Attraction

2015 ◽  
Vol 1 (5) ◽  
pp. 81-89 ◽  
Author(s):  
Abdoulaye Oury Bah ◽  
Xie Kefan ◽  
Oji-Okoro Izuchukwu
Keyword(s):  
Foreign Direct Investment ◽  
Labor Markets ◽  
Theoretical Basis ◽  
Direct Investment ◽  
Management Strategy ◽  
World Economy ◽  
Low Cost ◽  
Decision Makers ◽  
Cheap Labor ◽  
The World

The globalization of the world economy has created enormous opportunities as well as promotion efforts to attract foreign direct investment (FDI). The goal of this study is to detect and analyze management strategy to attract foreign direct investment. We conduct a detailed literature review and identify different strategies for capital issues and benefits of FDI. There are several trends that drive FDI like availability of natural resources, cheap labor markets and low cost which must be considered in order to take appropriate measures to attract more investments. The main contribution of the study is that it builds a theoretical basis which is useful for managers, entrepreneurs and decision-makers to make rational decisions on the choice of location for investments.

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