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US Foreign Direct Investment in East Asia: Strategy and Policy Issues

Mahani ZAINAL Abidin and Nor Izzatina Abdul Aziz

Asian Economic Policy Review, 2009, vol. 4, issue 2, 248-266

Abstract: East Asian trade and investment policies have attracted US investment into the region, but these policies should be fine‐tuned for the region to compete effectively for US investment inflow and increase their global share of US foreign direct investment. The changes should consider the needs of the US investors and East Asia's own economic development. Bilateral free trade agreements with the US are the likely channel for these changes, but the question is whether East Asia is ready for a comprehensive and deep liberalization. East Asia should work toward a regional investment policy framework to facilitate and expand the regional production network developed by the US foreign direct investment.

Date: 2009
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Asian Economic Policy Review is currently edited by Takatoshi Ito, Akira Kojima, Colin McKenzie and Shujiro Urata

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Handle: RePEc:bla:asiapr:v:4:y:2009:i:2:p:248-266