Expansion of Trade and FDI in Asia

Julien Chaisse is Alternate Leader at the World Trade Institute, Bern, Switzerland. He coordinates the project research on investment international rules within the NCCR (National Center of Competence in Research). He is Associate Professor at the University of Antwerp, Belgium. He is the co-editor of Essays on the Future of the World Trade Organization ( 2008). Philippe Gugler holds the Chair of Economic and Social Policy at the Faculty of Economics and Social Sciences of the University of Fribourg. He is Director of the Centre for Competitiveness at the same University.Professor Gugler is Project-leader on investment policies within the NCCR (National Center of Competence in Research) International Trade located at the World Trade Institute.

• 1. Editor’s Introduction: Patterns and Dynamics of Asia’s Growing Share of FDI Part 1: Internationalisation Strategy of Emerging Asian firms: Examples from China and India 2. The Rise of Chinese Multinational Enterprises 3. International Acquisitions and the Globalization of Firms from India 4. The reshaping of global capitalism by MNEs from Emerging Countries Joël Ruet Part 2: Regional and National Initiatives Affecting Trade and Investment in Asia 5. Towards China’s Greater Influence on the World's Finances: A Legal Analysis of Chinese Overseas Direct Investment 6. Chinese BITs in the 21st Century: Protecting Chinese Investment 7. Investment Liberalization in the Association of Southeast Asian Nations: Progress, Regress or Stumbling Bloc? 8. Economic Impact of Investment Provisions in Asian RTAs Sebastien Miroudot Part 3: Asian Interest in Multilateral Rules on Trade and Investment: A New Paradigm? 9. Dealing with the Noodle Bowl Effect in Asia: Consolidation, Multilateralization, Harmonization or Dilution? 10. India’s Multilayered FDI regulation: Between Resistance to Multilateral Negotiations and Unilateral Proactivism 11. Conditions and Ways of Restoring Investment to the WTO Negotiation Agenda: Establishing a Linkage between BITs and WTO

"This volume is a wonderful collection of papers examining the recent trends in expanding two-way foreign direct investment in emerging Asia, exploring the new implications for policymaking relating to regulations and protections over both inward and outward foreign investment in the region. This is a timely and worhtwhile effort to stocktaking of the new developments in this field....A major contribution of the volume is its comprehensive analysis of both foreign direct investment into emerging Asia and the increasingly important outward investment from emerging Asia." - Guonan Ma, Bank for International Settlements, Asian-Pacific Economic Literature, 2010