Australasia (except Australia or New Zealand)

John Dunning and John Cantwell
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John Dunning: Institute for Research and Information on Multinationals

A chapter in IRM Directory of Statistics of International Investment and Production, 1987, pp 615-634 from Palgrave Macmillan

Abstract: 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.

Keywords: Foreign Direct Investment; Capital Stock; Foreign Investment; Outward Foreign Direct Investment; Foreign Affiliate (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-08350-3_7

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DOI: 10.1007/978-1-349-08350-3_7

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