Japanese multinationals in Asia: Drivers and attractors

Autor:	Ashoka Mody, Susmita Dasgupta, Sarbajit Sinha
Rok vydání:	1999
Předmět:	Earnings business.industry Geography Planning and Development International trade Foreign direct investment Development Destinations Investment (macroeconomics) Domestic market Foreign portfolio investment Economics Open-ended investment company business Trade barrier
Zdroj:	Oxford Development Studies. 27:149-164
ISSN:	1469-9966 1360-0818
DOI:	10.1080/13600819908424171
Popis:	This paper studies the choice by Japanese multinationals of Asia and of specific Asian countries as investment destinations. High costs in Japan exert a general push towards investing in Asia. Unlike investment in the US and Europe, trade barriers do not drive Asian investment. While domestic markets of host countries are important, conditions for efficient production in the host country also determine its attractiveness. In Asia, firms have looked for industrially literate workers, though the new Japanese investment is being guided more by low wages. Japanese investors also stake out early positions in growing markets. The inability to repatriate earnings is the strongest disincentive to Japanese investment. A favourable foreign direct investment policy is desirable but its importance declines as a firm gains experience in a country.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::d994bc2639fa5080cb32c76da8497032 https://doi.org/10.1080/13600819908424171 Zobrazit plný text záznamu Plný text ve formátu PDF Plný text ve formátu HTML
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