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2009 | 12 | 4 | 133-153

Article title

Foreign Direct Investment in the New European Union Member States and Developing Countries of Asia under Conditions of the Global Financial and Economic Crisis: Comparative Aspects

Content

Title variants

Languages of publication

EN

Abstracts

EN
The objective of this article is a comparative analysis of the changing position of new European Union member states and the developing countries of Asia in global and regional FDI flows as well as an assessment of the impact of the global crisis on the position of these regions and selected countries in terms of FDI. The analysis encompasses European Union member states that received membership as a part of the enlargement of 2004 and 2007 as well as the developing sub–regions of Asia-i.e. East, South-East, and South Asia. The conducted analysis demonstrates that the position of the developing countries of Asia is significantly stronger than that of the new European Union member states, which is mainly determined by the scale of the economies of countries such as China and India. Subject to conditions of global crisis, Asia and Oceania as a whole noted growth in the inflow of FDI in 2008 by almost 17%, where the European Union member states saw a 2% fall. The situation inside the analyzed regions is extremely varied in terms of noticeable effects of the crisis in the FDI sphere. It is dependent on not only processes of economic growth, but also on the character of investments made in the individual countries and sub-regions as well as motives behind the actions of investors.

Keywords

Year

Volume

12

Issue

4

Pages

133-153

Physical description

Dates

published
2009-01-01
online
2010-06-07

Contributors

References

  • The EU and South Asian Association for Regional Co-operation (SAARC),
  • Foreign Direct Investment Statistics, ASEAN Secretariat,
  • D. A. Julius (1990), Global Companies and Public Policy. The Growing Challenge of Foreign Direct Investment, Printer Publishers, London
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  • J. D. Rodrigues-Delgado (2007), SAFTA: Living in a World of Regional Trade Agreements, IMF Working Paper WP/07/23
  • SPARTECA (1996), South Pacific Regional Trade and Economic Co-operation Agreement, A Reference Handbook for Forum Island Country Exports, Forum Secretariat
  • UNCTAD (2009), World Investment Report 2009. Transnational Corporations, Agricultural Production and Development, UN, New York and Geneva
  • UNCTAD (2008), World Investment Report 2008. Transnational Corporations and the Infrastructure Challenge, UN, New York and Geneva
  • UNCTAD (2006), World Investment Report 2006. FDI from Developing and Transition Economies: Implications for Development, UN, New York and Geneva
  • UNCTAD (2002), World Investment Report 2002. Transnational Corporations and Export Competitiveness, UN, New York and Geneva
  • S. Urata, M. Ando, K. Ito (2007), Survey on Investment Liberalization and Facilitation. Obstacles to FDI in the APEC Economies: A Study Based on the JMC Firm Survey, Japan Machinery Center for Trade and Investment, APEC Investment Experts Group, APEC Committee on Trade and Investment
  • J. Witkowska (2007) Foreign Direct Investment in the Changing Business Environment of The European Union's New Member States, ‘Global Economy Journal’, Vol. 7, Issue 4, http://bepress.com.gej/vol17/iss4/2
  • J. Witkowska (2009), Policies with Respect to Foreign Investors in the New Member States of the European Union and in the Developing Countries of Asia: A Comparative Aspects, Comparative Economic Research, Vol 12, No 1/2/2009

Document Type

Publication order reference

Identifiers

YADDA identifier

bwmeta1.element.hdl_11089_8224
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