New Trends in Japanese Trade and FDI: Post-Industrial Transformation and Policy Challenges

Yilmaz Akyüz

Chapter 9 in Transnational Corporations and the Global Economy, 1998, pp 279-317 from Palgrave Macmillan

Abstract: Abstract Japan has emerged as a leading international investor in the past decade. During much of the 1980s Japanese FDI increased alongside a rigorous expansion of its domestic economy, a strong pace of domestic investment and exports. In the 1990s, by contrast, Japanese FDI has continued apace but its economy entered a prolonged recession and experienced an unprecedented decline in domestic capital formation and a slowdown in export growth. Furthermore, since the late-1980s Japanese manufacturing FDI has shifted from major industrial countries to developing countries, particularly to East and South East Asia.

Keywords: Foreign Direct Investment; Domestic Investment; Real Effective Exchange Rate; Trade Surplus; World Export (search for similar items in EconPapers)
Date: 1998
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DOI: 10.1007/978-1-349-26523-7_10

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