Foreign Direct Investment in ASEAN Economies

Siow Yue Chia

Asian Development Review (ADR), 1993, vol. 11, issue 01, 60-102

Abstract: The economies of the Association of Southeast Asian Nations (ASEAN)—comprising Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand—have enjoyed robust economic growth rates in the past two decades. A conducive external environment, an outward-looking development strategy which emphasizes the role of foreign trade and foreign direct investment (FDI) and political, social and economic stability have contributed to economic buoyancy, high levels of investment and employment generation, rising productivity and skill development, and sharply improved export performance in manufactures. At the same time, the buoyant economies have acted as a magnet to attract further inward investment flows. Thus, FDI acts as both cause and effect in economic growth and facilitates economic upgrading…

Date: 1993
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S011611059300003X
Open Access

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:adrxxx:v:11:y:1993:i:01:n:s011611059300003x

Ordering information: This journal article can be ordered from

DOI: 10.1142/S011611059300003X

Access Statistics for this article

Asian Development Review (ADR) is currently edited by Tetsushi Sonobe

More articles in Asian Development Review (ADR) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().