The Patterns of Japanese FDI in Australia after the Lehman Shock: Perspectives of the Eclectic Paradigm and Institutional Economics

Celal Bayari

MPRA Paper from University Library of Munich, Germany

Abstract: This paper discusses the post-‘Lehman Brothers shock’ period of the Japanese foreign direct investment in Australia, and provides an analysis of the types of investment. The analysis begins with the theoretical frameworks that define multinational enterprise (MNE) activity, and foreign direct investment. The way in which ‘institutional economics’ theory is utilised within the ‘eclectic paradigm’ is also analysed herein. The post-crisis business environment has been beset by uncertainties, and the global mergers and acquisitions had recovered to merely one third of the 2007 levels by the end of 2010 (UNCTAD, 2011). This has been the global trend, the context of the discussion herein. As this paper discusses, the global trend, which UNCTAD describes, does not readily apply to the Japanese foreign direct investment in Australia.

Keywords: Australia; Lehman Brothers Shock; institutional economics; Japanese foreign direct investment (search for similar items in EconPapers)
JEL-codes: B2 B20 B25 F1 F11 F13 F18 F2 F23 F5 F55 N4 P5 (search for similar items in EconPapers)
Date: 2012-01-04, Revised 2012-08-14
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published in Euro Asia Journal of Management 41.22(2012): pp. 29-47

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/100875/1/MPRA_paper_100875.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/103011/1/MPRA_paper_100875.pdf revised version (application/pdf)

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:pra:mprapa:100875

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().