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Liberalization and Foreign Direct Investment in Asia Transport System: The Case of Aviation

Findlay, Christopher; Goldstein, Andrea


The aviation industry is critical for Asia to gain from participation in the global economy. The airline industry in developing Asia is generally dominated by state-owned enterprises, and the record of state ownership is poor. Foreign direct investment would provide the managerial and technical skills needed to improve productivity. Paradoxically, however, this is an industry that combines extensive cross-border activities with almost insurmountable obstacles to foreign investment. Airline...[Show more]

CollectionsANU Research Publications
Date published: 2004
Type: Journal article
Source: Asian Development Review: Studies of Asian and Pacific Economic Issues


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