 Energy security through FDI: The legacy of Early Japanese Investment in the Oil Sectors of the Persian GulfKen Koyama and Jim Krane Resources Policy, 2021, vol. 74, issue C Abstract: •Japan's FDI in the Middle East energy sectors was backed by strong support by Japanese government, while the objective of the FDI was the enhanced access to energy resources and lower cost energy feedstock.•The FDI was regarded as an important tool to enhance economic and strategic relations between Japan and resource-rich Middle East countries, and some of the FDI is still a significant source of crude oil import in Japan.•But, in a more general context, Japan’ oil supply security has been affected by other more influential factors such as the world oil market situation.•Japan's FDI played a role to enhance relations between Japan and the host countries. But the effect of FDI on the creation of new jobs is limited by the fact that FDI flows strictly targeted the capital-intensive energy sector.•Middle East countries nowadays need to diversify their economic structure in the midst of the ongoing global energy transition. The Japanese government and industry are working hard to promote economic cooperation to such an initiative as “Vision 2030”. Keywords: Middle East; Energy transition; Economic diversification; Japan's FDI; Energy security (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:74:y:2021:i:c:s0301420721001793 DOI: 10.1016/j.resourpol.2021.102165 Access Statistics for this article Resources Policy is currently edited by R. G. Eggert More articles in Resources Policy from Elsevier |
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