The flow of foreign direct investment to the Asian and Pacific region since 1970 is reviewed and the possibilities for increased flows in the future are examined. Contribution of such financing to economic growth and the efficiency of investment in the Asian and Pacific developing countries....

The authors examine trends in foreign capital resources in the Asian developing countries and assess their contribution to economic growth and impact on economic efficiency. They also consider measures that might be adopted by the countries concerned to sustain inflows of market-oriented private...