Details

Autor(en) / Beteiligte

• Lee, Byung-Hwa

Titel

FDI from Developing Countries : A Vector for Trade and Development [electronic resource]

Beschreibungen/Notizen

• CONTENTS; Preface; Chapter 1 Introduction; PART ONE THE FDI DYNAMIC IN THE GLOBALISATION OF DEVELOPING COUNTRY FIRMS; Chapter 2 Major Segments of the Value Chain and Their Spatial Deployment; Chapter 3 The Impact of Restrictive Trade Policy on the Spatial Deploymentof the Value Chain; Chapter 4 Changing Production Technology and Global Deploymentof the Value Chain; Chapter 5 Investment Modes for the Globalisation of Developing Country Firms; PART TWO THE DETERMINANTS OF FDI BY DEVELOPING COUNTRY FIRMS: EMPIRICAL ANALYSES
• Chapter 6 A Dynamic Framework for Investment Decision Makingby Developing Country FirmsChapter 7 Data and Analyses; Chapter 8 The Determinants of FDI for the Globalisation of Corporate Activities; PART THREE THE IMPACT OF FDI ON EXPORTS; Chapter 9 Causality between FDI and Exports; Chapter 10 Analytical Framework; Chapter 11 FDI and Export Effects: Empirical Results; Chapter 12 Conclusions; Bibliography
• This book illustrates Korea's experience with outward foreign direct investment (FDI) and shows that the ancillary benefits of such investment -- knowledge and management transfer, market acquisition and skills enhancement -- can be substantial for individual firms. Moreover, the resulting increased robustness of these enterprises contributes to the strength and stability of the economy as a whole. While it is true that inward FDI carries similar benefits, outward FDI -- driven by the prerogatives of the domestic company -- is integrated into existing business plans and strategies, and therefore constitutes a more active policy. No experience is directly transferable, but the Korean case shows that there is a large potential for other emerging economies to gain from FDI flows and that the initial costs from lost internal investment are largely outweighed by the medium-term benefits.
• English