scholarly journals Foreign Direct Investment and the Role of Government: A Case Study of South Korea

1997 ◽  
Vol 12 (0) ◽  
pp. 57-79
Author(s):  
Pan Suk Kim
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
International Perspective ◽  
Host Countries ◽  
Free Markets ◽  
Role Of Government ◽  
Security Issues ◽  
Regional Basis

As industrial economies have prospered, their business firms have also grown and matured resulting in increased foreign direct investment (FDI) and thus foreign direct investment has become a major issue for analytical discussion in an international perspective. Foreign direct investment is a major source of international resource transfer. The tremendous competition generated among host countries, regions, and localities for FDI has created an abundance of literature, some favorable some not so favorable. Those favorable writings are generally in defense of free markets and include Becker (1989) and Reich (1990). Unfavorable discussions usually express concerns over domestic economic and national sovereignty, and security issues. Recent criticisms of FDI feature the works of: Tolchin and Tolchin (1988), Burstein (1988), Prestowitz (1988), Glickman and Woodward (1989), Spencer (1988) and Frantz and Collins (1989). Other discussions by Morgan Guaranty (1989), Reich (1991), Peterson (1989) and Fry (1980) provide excellent, balanced arguments. Discussions of FDI in literature have focused mainly on the national economy as a whole, while FDI considerations on a regional basis, or more specifically on an urban basis, have been somewhat ignored. And while there is an established research base concerning the factors which attract industries to an urban regions, research on the role of government in encouraging foreign direct investment- based economic development is absent of any serious analytical discussion. The main objective of this paper is to fill the gap created by this absence.

Foreign Direct Investment and the Flying Geese Model: Japanese Electronics Firms in Asia-Pacific

2000 ◽  
Vol 32 (2) ◽  
pp. 281-304 ◽  
Author(s):  
David W Edgington ◽  
Roger Hayter
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Asia Pacific ◽  
Critical Examination ◽  
Host Countries ◽  
Billiard Ball ◽  
Firm Level ◽  
Geographical Patterns ◽  
Japanese Fdi

This paper is a critical examination of the ‘flying geese’ and ‘billiard ball’ models of foreign direct investment (FDI) and their ability to explain the spatial expansion of Japanese electronics multinationals (MNCs) in Asia-Pacific countries from 1985 to 1996. Data on Japanese FDI are analyzed in this region at the aggregate, sectoral, and firm level. The paper commences with a review of the flying geese model, especially that version which interprets Japanese FDI as a catalyst for Asian development, and the billiard ball metaphor which suggests a mechanism for host countries to ‘catch up’ with Japan. The authors then turn to an analysis of Japanese FDI in Asia-Pacific together with employment data for fourteen major firms. This allows an evaluation of the two models in terms of recent geographical patterns of investment and employment growth by electronics MNCs. A special case study of Matsushita Electric Industrial Co. Ltd (MEI) helps flesh out the evolving geography of Japanese electronics firms in Asia-Pacific. Although the results support the overall patterns suggested by the two models, the authors argue that metaphors and analogies such as flying geese and billiard balls should not be used casually and as a substitute for analysis.

INCONSISTENCIES IN ICSID AWARDS ON DISPUTES RELATED TO MFN AND UMBRELLA CLAUSE

2021 ◽  
Vol 6 (2) ◽  
pp. 247-264
Author(s):  
Herliana Herliana
Keyword(s):  
Developing Countries ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Case Study Method ◽  
Host Countries ◽  
Foreign Investors ◽  
Investment Arbitration

Investment arbitration has been acclaimed as an important part of Foreign Direct Investment (FDI) movement around the globe because it provides a neutral and trustable forum for settling investment dispute. However, many argue that investment arbitration often becomes advocates of foreign investors and neglect the developing country’s interests as the host of investment. This paper aims at studying the investment arbitration awards rendered by International Center for Settlement of Investment Dispute (ICSID) tribunals launched against developing countries. The question is whether and to what extent those awards have equally observed the interests of foreign investors and host states of investments. To answer the questions, this paper employs case study method and use publicly available ICSID cases. This research shows that some ICSID tribunals have inconsistent reasoning which led to contradictory decisions. Apparently, as some cases indicate ICSID tribunals gave more weight to the need to protect foreign investors rather than host countries’ development interests. As a consequence, inconsistency and ambiguity have led to uncertainty and unpredictability of the forum. This is not only disadvantaged the parties due to inability to foresee the likely outcome of the disputes but also endanger the ICSID tribunals’ credibility as neutral and reliable forum.

scholarly journals The Role of E-Government in Promoting Foreign Direct Investment Inflows

2021 ◽  
Vol 16 (141) ◽  
Author(s):  
Ali Al-Sadiq
Keyword(s):  
Foreign Direct Investment ◽  
Direct Investment ◽  
Information Diffusion ◽  
Public Services ◽  
Panel Data Analysis ◽  
Public Agencies ◽  
Host Countries ◽  
The Public

The outbreak of the COVID-19 pandemic has helped accelerate the digitization of public services. The lockdown initiated by most governments to curb the spread of the coronavirus forced most public agencies to switch to online platforms to continue providing information and services to the public. It is widely recognized that information diffusion and communication technology play a large role in improving the quality of public services in terms of time, cost, and interface with the public, business, and other agencies. Potentially, e-government could enhance a country’s locational advantages and attract more Foreign Direct Investment (FDI) inflows. This hypothesis is tested empirically using an unbalanced panel data analysis for 178 host countries over the period 2003-2018. The results suggest that e-government stimulates the inflow of FDI.

scholarly journals Foreign direct investment flows and the global economic crisis

2016 ◽  
Vol 13 (4) ◽  
pp. 266-274
Author(s):  
Giuseppina Talamo
Keyword(s):  
Foreign Direct Investment ◽  
Economic Crisis ◽  
Direct Investment ◽  
Developed Countries ◽  
Host Countries ◽  
Foreign Investors ◽  
Globalized Economy ◽  
Recent Financial Crisis ◽  
The Impact

In recent years, Foreign Direct Investment has become an increasingly important feature of the globalized economy. The importance of FDI flows raises several of important questions. First of all is the question of the impact of FDI on host and home countries. Second crucial question is about FDI flows during the recent financial crisis and the role of FDI flows in promoting growth in less developed countries. Then,what can host countries do to become more attractive to foreign investors, and benefit from their activities?

An Overview of the Lima Seminar on “Services and Development: The Role of Foreign Direct Investment and Trade”

1988 ◽  
Vol 22 (4) ◽  
pp. 377-390
Author(s):  
Sada Shankar Saxena
Keyword(s):  
New York ◽  
Foreign Direct Investment ◽  
Direct Investment ◽  
Transnational Corporations ◽  
Data Flows ◽  
The World ◽  
The Government ◽  
Andean Pact

The author attended the Seminar on “Services and Development: The Role of Foreign Direct Investment and Trade” organized by the Government of Peru; in cooperation with United Nations Centre on Transnational Corporations (UNCTC), New York, and Junta Del Acuerdo De Cartagena at Lima during 1-4 February 1988. The Seminar was attended by high ranking officials, government spokesmen, academics and specialists from various parts of the world. Special papers on Framework of Agreement for Services, role of services in the development of Andean Pact countries, transborder data flows-a case study of Brazil, etc., were presented and discussed. The findings of the Seminar are perhaps as much relevant to the developing countries of Asia and Africa as to those of Latin America. The author gives in this paper an overview of the Lima Seminar.

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