Direct foreign investment in the ASEAN countries

Abstract

The realisation of the ASEAN economic cooperation schemes trade liberalisation, industrial complementation and a common approach to dialoque with developed countries - will have potentially important implications for direct foreign investment flows as well as concomitant welfare effects. An assessment of these effects necessitates a clear understanding of the foreiqn investment pattern prevailing in the region. The task of this thesis is to facilitate this understanding by developing a framework for analysing the determinants of the geographical pattern of direct foreiqn investment flows and to apply it to the ASEAN region. It should be noted at the outset that the object of the thesis is to orovide a general overview of the country structure of direct foreign investment flows in the ASEAN region, which will hopefully set the staae for the evaluation of other issues. Furthermore, it is hoped that the investment indices developed in this thesis will lead to further and more detailed analysis of the geographical pattern of foreiqn investment in the ASEAN region. Show more