Foreign investment shows signs of recovery for Asia and the Pacific

Author(s):  
1995 ◽  
Vol 4 (2) ◽  
pp. 47-68
Author(s):  
David L Callies ◽  
Michael B Dowling

2018 ◽  
Vol 1 (2) ◽  
pp. 137
Author(s):  
Muhammad Badaruddin ◽  
Suciliani Octavia

China’s aggressiveness to conduct its belt and road initiatives through the Pacific Rim meets Presiden Joko Widodo’s ambition to attract foreign investment. The Indonesian President has been very ambitious in reaching high economic growth that requires readiness of infrastructure support. In dealing with China, Indonesia is required to accept China’s turnkey project scheme for infrastructure development, particularly in welcoming Chinese workers and equipments as an integral part of the project package. As a consequence, Indonesia has to loose its foreign worker regulation despite creating new contradictions with its domestic policy. This article is trying to investigate China’s funding and investment influence in Indonesia particularly in the foreign worker management during the period of President Joko Widodo Administration. The research conducted with qualitative method particularly the case study to analyze a sequential case in the field. Result of this research shows that the China’s turnkey project scheme impacts the foreign worker management in Indonesia. Our data displays pretty massive cases related to Chinese workers, extending from the violation of immigration regulation to the increase number of smuggling and other criminal activities. This research also highlight the indication that the Joko Widodo Administration tend to loose the Indonesian foreign worker regulations, as well as being less assertive in processing varous immigration cases which related to Chinese foreign workers. Moreover, the Jokowi administration has changed lots of regulations despite it has conflicting issues with the Law on Foreign Worker. On the other hand, the Parliament’s Special Committee on the Foreign Worker Issue has recommended the Jokowi Administration to pay more serious attention on cases related to the Chinese workers.   Keywords: Turnkey Project, Foreign Investment, Foreign Aid, Regulation on Foreign Worker, Illegal Foreign Worker     Abstrak   Agresivitas Pemerintah China dalam menjalankan belt and road initiatives ke berbagai negara yang terpetakan dalam road map-nya, bertemu dengan kepentingan Indonesia di bawah Pemerintahan Joko Widodo. Yakni ambisi untuk mengejar target pertumbuhan yang tinggi yang mempersyaratkan dibangunnya berbagai proyek infrastruktur sebagai penunjangnya. Pembangunan berbagai proyek tersebut membutuhkan ketersediaan anggaran yang cukup besar dalam waktu cepat. Salah satu strategi pemenuhannya adalah dengan mencari investasi maupun pinjaman luar negeri, terutama asal China yang secara koinsiden juga sedang agresif berekspansi. Kehadiran investasi dan pinjaman asal China di Indonesia dengan skema turnkey project ternyata menimbulkan ekses yang tidak sederhana. Skema tersebut menjadi salah satu pintu masuk tenaga kerja asal China melalui proyek-proyek infrastruktur yang ternyata menimbulkan permasalahan baru dalam pengaturan sektor ketenagakerjaan asing (TKA) di Indonesia. Irisan fenomena dari keinginan untuk merealisasikan proyek infrastruktur secara cepat, kebutuhan anggaran yang cukup tinggi terhadap pendanaan proyek dari China, dan kekurangsiapan dalam pengaturan masuknya tenaga kerja asing adalah fokus dari penelitian yang hasilnya penulis tuangkan dalam artikel ini. Dari penelitian yang dilakukan, terdapat peningkatan berbagai kasus yang terkait dengan kehadiran TKA asal China, antara lain adalah penyalahgunaan visa, penyalahgunaan status kerja, sampai pada meningkatnya angka penyelundupan dan tindak kriminalitas. Penelitian ini menggunakan metode kualitatif dengan menganalisis secara triangular beberapa data yang didapatkan melalui wawancara terhadap narasumber primer, pengolahan dokumen-dokumen resmi, analisis terhadap berbagai literatur dan pemberitaan media massa.   Kata Kunci: Turnkey Project, Investasi Asing, Pinjaman Asing, Tenaga Kerja Asing, Peraturan Ketenagakerjaan


Subject Bolivian gas exports. Significance With negotiations under way with Argentina over gas supplies and pricing, Bolivia is seeking to sustain gas exports over the medium term both to this country and to Brazil. These are Bolivia’s only foreign markets for natural gas and between them are its main source of export earnings and fiscal revenue. The gas industry is also a key sector for foreign investment. Impacts Sales of gas to Chile are likely to be blocked because of Bolivia’s dispute over its outlet to the Pacific. Bolivia’s relations with Brazil are likely to become more problematic because of the election of Jair Bolsonaro as Brazilian president. Morales may win re-election next year, but reduced export revenue would eventually weigh on public spending and with that, his popularity.


2020 ◽  
Author(s):  
Muhammad Khoirul Fuddin

Abstract Countries in East Asia and the Pacific region are potential countries with fairly strong economic growth rates amid slowing global economic growth. One contributing factor to economic growth in East Asia and the Pacific can be seen using a classical approach where economic growth is seen from capital, natural resources, incoming foreign investment and the use of technology. This research wants to see how big these factors are in influencing the economic activities of developing countries in East Asia and the Pacific. The methodology used in this study is to use a Vector Error Correction Model by focusing on the impulse response function and variance decomposition to see the response of several variables due to changes in other variables and to see how much the proportion of one variable affects other variables in the short term or long term. In the short term, incoming foreign investment and technology affect productive land while in the long run productive land is influenced by incoming foreign investment and human resources. In the short term, GDP is not affected by any variable, whereas in the long term GDP is affected by human resources, incoming foreign investment, and technology. In the long run, human resources are affected by incoming foreign investment. Foreign investment that enters in the short term is influenced by productive land and human resources, whereas in the long run, only human resources can directly influence foreign investment. Technology in the short term is influenced by productive land and incoming foreign investment while in the long run technology is influenced by incoming foreign investment and human resources. The economic growth reflected in GDP and productive land contained in East Asia and the Pacific was largely influenced by technology in the final period. Incoming foreign investment and technology are largely influenced by productive land. Whereas the human resources found in East Asia and the Pacific are mostly influenced by GDP.


1963 ◽  
Vol 37 (4) ◽  
pp. 392-415 ◽  
Author(s):  
Morton Rothstein

The success of Balfour, Guthrie and Company in mobilizing British and American capital for productive investment contributed importantly to the economic development of the Pacific-coast region of the United States. The changing economic patterns of that region emerge through Professor Rothstein's analysis of the firm and its managers' actions and responses, from which a broader understanding of the problems and direction of foreign investment in the American West is possible.


2015 ◽  
Vol 16 (5-6) ◽  
pp. 800-842 ◽  
Author(s):  
Claudia T. Salomon ◽  
Sandra Friedrich

Many countries in the East Asian and Pacific (EAP) region have strengthened their networks of bilateral investment treaties (BITs) and other international investment agreements (IIAs). This growth in investment protection instruments not only illustrates the region’s continued attractiveness to foreign investors, but also reflects a shift of several developing EAP countries from having been predominantly recipients of foreign investment in the past, toward becoming important sources of foreign investment abroad. Reflecting trade and investment patterns, as of December 2014, EAP countries concluded a total of at least 712 BITs and 69 other IIAs. On the heels of this development, the region has seen a rising number of investment arbitrations. As of December 2014, at least 49 investment arbitrations have been brought against EAP countries and/or by EAP investors. Most recently, the number of new cases has picked up pace significantly, making the region a veritable ‘hot bed’ of investment arbitration.


2015 ◽  
Vol 5 (1) ◽  
pp. 88-91
Author(s):  
Gustavo Arellano

In this essay, humorist Gustavo Arellano looks at the past and present state of relations between Asians and Latinos in California to offer a glimpse of the future for Californians in the Pacific world. He suggests that foreign investment from Latin America and Asia will increasingly turn California into a global crossroad for the world economy, which it has been for a long time already; remittances back home will help modernize countries of origin, while residents here will influence politics there—and in California too. Bilingualism and multiculturalism won’t be so exotic by the twenty-second century, but rather the only way for California and America to survive.


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