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....

Purpose – It is generally agreed that policy reforms have been more successful in China than in South Asia. The purpose of this paper is to argue that the relative success of China can be explained by the differences in initial conditions and in the design and sequencing of policies. The...

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...