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Changing Character of Foreign Direct Investment from Developing Countries: Case Studies from Asia

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  • Kumar, Nagesh

    (United Nations University, Institute for New Technologies)

Abstract

FDI flows originating in developing countries have evolved in terms of increasing magnitudes as well as in terms of their motivations. In the initial round, developing country FDI were essentially horizontal in nature, generally destined to other developing countries seeking markets. Using case studies of FDI from selected Asian developing countries, the paper shows that since the mid-1980s, developing country enterprises have increasingly used FDI as a strategic tool for promoting their competitiveness abroad. This transformation has ensued from recent global trends of emergence of regional trading blocs, rising protectionism in the industrialised countries, and rising wages and currency appreciations in certain developing countries.

Suggested Citation

  • Kumar, Nagesh, 1995. "Changing Character of Foreign Direct Investment from Developing Countries: Case Studies from Asia," UNU-INTECH Discussion Paper Series 1995-16, United Nations University - INTECH.
    • Handle: RePEc:unm:unuint:199516
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    File URL: https://www.merit.unu.edu/publications/discussion-papers/9516.pdf
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    References listed on IDEAS

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    1. Louis T. Wells, 1983. "Third World Multinationals: The Rise of Foreign Investments from Developing Countries," MIT Press Books, The MIT Press, edition 1, volume 1, number 026273169x, April.
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    Cited by:

    1. Nagesh Kumar & Alka Chadha, 2009. "India's outward foreign direct investments in steel industry in a Chinese comparative perspective," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 18(2), pages 249-267, April.
    2. Nilesh Thakre, 2012. "Developing Field Work Components Of Psychology Lifelong Learning," Working papers 2012-2-13, Voice of Research.
    3. Deepak Nayyar, 2008. "The Internationalization of Firms From India: Investment, Mergers and Acquisitions," Oxford Development Studies, Taylor & Francis Journals, vol. 36(1), pages 111-131.

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