Foreign Direct Investment in Japan

Multinationals' Role in Growth and Globalization

Häftad, Engelska, 2012

AvRalph Paprzycki,Kyoji Fukao

719 kr

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Foreign Direct Investment in Japan presents a detailed examination of trends of inward foreign direct investment (FDI) and their impact on the Japanese economy. Historically much less open to foreign trade and investment than other major economies, Japan experienced an unprecedented jump in FDI inflows around the turn of the millennium. This book looks at the profound changes in Japan that made this jump possible and considers foreign firms' potential contribution to productivity and overall economic growth. Detailed case studies illustrate that in certain sectors the presence of foreign firms already is a key factor shaping industry dynamics. Yet, despite recent changes, resistance to inward FDI remains strong and the government could do much more if it were committed to attracting FDI. Overall, Japan continues to appear reluctant to embrace fully, and therefore seems unlikely to benefit even more substantially from, globalization.

Produktinformation

Utgivningsdatum2012-10-25
Mått152 x 229 x 16 mm
Vikt420 g
FormatHäftad
SpråkEngelska
Antal sidor286
FörlagCambridge University Press
ISBN9781107411289

Tillhör följande kategorier

Nationalekonomi inom Ekonomi och ledarskap

1. Introduction; 2. The extent and history of foreign direct investment in Japan; 3. The surge in inward FDI; 4. Japan's economic growth and foreign direct investment; 5. The performance of foreign firms and the macroeconomic impact of FDI; 6. The impact of foreign direct investment in Japan: case studies of the automobile, finance, and health care industries; 7. The prospects for foreign direct investment in Japan; 8. Conclusion.

Review of the hardback: 'This book makes a substantial contribution to the literature on foreign investment in Japan and foreign investment in the era of globalization. It analyzes the recent surge of FDI into Japan, its concentration in particular sectors like automobiles, finance and insurance, and its impact on the efficiency with which the Japanese economy operates. This last step is of broad policy interest because it underlines the role that openness to new entrants, including and importantly foreign investors in advanced economies, plays in enhancing productivity performance and competitiveness and establishes that role convincingly in the case of Japan.' Peter Drysdale, The Australian National University

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