This paper examines two interrelated aspects of Asian economic dynamism and the management of external shocks, in the context of outward foreign direct investment (FDI) from developing East Asia. Outward FDI from these economies has been growing rapidly, driven by deeper economic integration,...

The history of global foreign direct investment (Fdi) and of the rise of multinational enterprises is, to a large extent, the history of the global oil industry. In the twentieth century, oil-producing Asia was one of the main destinations of global oil Fdi flows and in the early twenty-first...

Sovereign wealth funds (SWFs) have emerged in developing Asia as a policy response to an unprecedented accumulation of foreign exchange (FX) reserves since 2000. At the same time, developing countries have become an increasingly important source of outward foreign direct investment (FDI). The...

This paper compares and contrasts the determinants of outward foreign direct investment from the People’s Republic of China (PRC) with those of outward foreign direct investment from Japan, Republic of Korea, and Taipei, China.The paper examines descriptively and econometrically the motives...

The main purpose of this paper is to investigate the patterns and performance of outward foreign direct investment from the Republic of Korea to the People’s Republic of China using five performance measures of the subsidiaries and four explanatory variables. The explanatory variables have...

This paper examines emerging patterns and economic implications of Indian foreign direct investment against the backdrop of the evolving role of developing country firms (emerging multinational enterprises) as an important force of economic globalization. The novelty of the analysis lies in its...

Global current account imbalances are one of the key macroeconomicimbalances that underlie the global financial crisis. The central objective ofthis paper is to analyze the causes and consequences of global imbalancesfrom the perspective of developing Asia. More specifically, the paperexamines...

This paper examines the structure and direction of developing Asia’s tradeover the past two decades. The impacts of economic slowdown in highincomeOrganisation for Economic Co-operation and Development (OECD)countries on developing Asia in 2009-2010 are then projected through acomputable...