Abstract
The large increase in foreign direct investment (FDI) observed worldwide over recent decades has accompanied substantial changes in the nature of FDI, mainly due to digitalization and corporate restructuring. This chapter reviews the FDI figures for three economies: one European (Ireland) and two Asian economies (Japan and Vietnam) to examine how these changes are revealed in the data. These countries display both similarities and differences in their experiences with FDI. Many governments seek to attract FDI in order to boost economic growth and development. Both Ireland and Japan are developed economies but with different experiences with FDI. Vietnam is a developing country where FDI inflows have been a major force in the process of economic transformation. Our two advanced economies, Ireland and Japan, have a greater level of availability of FDI data. The chapter also looks at the effects of reverse investment and examines the effects of pass-through investment and corporate inversion.
| Original language | English |
|---|---|
| Title of host publication | Asia-Europe Industrial Connectivity in Times of Crisis |
| Publisher | Wiley-Blackwell |
| Pages | 35-52 |
| Number of pages | 18 |
| Volume | 16 |
| ISBN (Print) | 9781394186037 |
| DOIs | |
| Publication status | Published - 21 Dec 2022 |
Keywords
- Asian economies
- Corporate inversion
- Economic growth
- European economies
- Foreign direct investment
- Pass-through investment
- Reverse investment
