ASEAN’s Outward Direct Investment in Europe

  • Jim Slater

Abstract

Prior to the 1997 currency crisis in Southeast Asia, outward direct investment from the region had been conspicuously on the increase. UNCTAD (1997a) reported that, among the leading outward investors, the ratio of ODI to gross fixed capital formation averaged 9.5 per cent for Singapore, and 6.9 per cent for Malaysia, over the period 1991–95. These figures compare with an average of 5.6 per cent for all developed countries, 7.9 per cent for the European Union, and 6.6 per cent for the United States. Some Asian governments were, and are still, actively encouraging ODI, and the scale of existing and potential movements of capital have made a significant impact on global aggregate flows.

Keywords

Europe Petroleum Transportation Rubber Income 

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Copyright information

© Roger Strange, Jim Slater and Corrado Molteni 2000

Authors and Affiliations

  • Jim Slater

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