The role of direct foreign investment in developing east asian countries

1985 ◽  
Vol 121 (2) ◽  
pp. 355-381 ◽  
Author(s):  
Hal Hill ◽  
Brian Johns
Keyword(s):  
Foreign Investment ◽  
East Asian ◽  
Direct Foreign Investment ◽  
Asian Countries

East Asian Machinery-Building Cluster

2014 ◽  
pp. 36-44
Author(s):  
V. Sokolov
Keyword(s):  
Supply Chains ◽  
East Asian ◽  
Telecommunications Industry ◽  
South East Asia ◽  
Asian Countries ◽  
The World ◽  
The Usa ◽  
Technological Level ◽  
Machinery Building

The article considers features of the East Asian machinery-building cluster. It differs from the older machinery-building clusters in West Europe and North America primarily. The share of intermediate goods in the imports of the East Asian countries is higher than the share of such goods in their exports. This results from prevalence of the assembly manufactures in their industry. The international supply chains of the region are described as follows: manufacturing parts and components in the countries of East and South-East Asia – assembly in China – exports to USA, Europe and Japan. The changes in the structure of the international supply chains in 2007–2011 are shown in the case of telecommunications industry. It is established that the structure of the telecommunications imports of the USA has changed in favor of China. The technological level of the telecommunications equipment exported from China enhanced significantly. The share of parts and components in China’s telecommunications exports increased. Imports of telecommunications equipment from Japan to USA diminished whereas its delivery from China to Japan more than doubled. This points to reduction of the role of Japan as the supplier of telecommunications equipment in the world scale.

Linking Country Governance Quality and Derivatives Use: Insights from Firms’ Hedging Behavior in East Asia

2018 ◽  
pp. 5-31 ◽  
Author(s):  
Huong Trang Kim
Keyword(s):  
Panel Data ◽  
East Asia ◽  
Strong Evidence ◽  
East Asian ◽  
Self Management ◽  
Asian Countries ◽  
Financial Firms ◽  
Specific Factors ◽  
Governance Quality

This paper examines the link between countries’ governance quality and firms’ use of derivatives using a novel hand-collected dataset. Our panel data includes 881 non-financial firms across eight East Asian countries. We found that better country governance induces firms to use derivatives to hedge exposure and mitigate costs. Firms in countries with weak governance use derivatives for speculative and/or selective hedging or self-management purposes. Overall, our findings provide strong evidence of the role of countries’ governance quality in driving firms’ derivatives-related behaviors. This macro-based effect on derivatives use is independent of firm-specific factors, which are frequently invoked by hedging theories.

The Transfer of Technology to China in the Nineteenth Century: The Role of Direct Foreign Investment

1979 ◽  
Vol 39 (1) ◽  
pp. 181-197 ◽  
Author(s):  
Shannon R. Brown
Keyword(s):  
Nineteenth Century ◽  
Political Economy ◽  
Case Studies ◽  
Foreign Investment ◽  
Direct Foreign Investment ◽  
Chinese Government ◽  
Cultural Elements ◽  
Traditional System ◽  
Transfer Of Technology

The transfer of technology to China in the nineteenth century was carried out both by Chinese and foreigners. Given the half-hearted interest of the Chinese government in such activities, however, the role of direct foreign investment was enhanced. The profitability of such investments was determined not only by comparative costs and other conventional economic variables, but also by the interaction of each project with China's traditional system of political economy. The nature and importance of this interaction is examined by means of a number of case studies. The results emphasize the importance of cultural elements in the transfer of technology.

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