In Pursuit of Appropriate Patterns of Foreign Investment for Sustainable Development

Tatsuyuki Ota

Chapter 6 in Economic Integration in Asia: Towards the Delineation of a Sustainable Path, 2014, pp 99-122 from Palgrave Macmillan

Abstract: Abstract We develop a combined Relative Rank Index (RRI) to identify appropriate locations/countries for sustainable investment. Our results suggest that rather small-sized, high-income countries with higher Human Development Indices (HDI) are appropriate for SD investment, whereas countries with lower RRI such as India, China and Russia are not. Nonetheless, Multinational Corporations (MNCs) still seem to be interested in investing in the latter despite their low RRI. However, MNCs are increasingly pressurized to integrate SD into their global strategies. The international regulatory frameworks seem to be increasingly shaped in the direction of overall sustainable development.

Keywords: Corporate Social Responsibility; multinational corporations; relative rank index; sustainable development (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-43293-3_6

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DOI: 10.1057/9781137432933_6

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