Abstract
It is acknowledged in the literature that foreign direct investment (FDI) impacts on the growth and development of host countries in a variety of ways (Giroud, 2003; Klein et al., 2001; UNCTAD, 1999; 2001), ranging from ‘direct effects’ on employment and training, through classical ‘multiplier effects’ (for example, workers use their wages to buy goods which stimulates other industries) to ‘spillover’ effects whereby indigenous firms acquire knowledge and technology from foreign firms through a variety of transmission mechanisms.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
ASEAN Secretariat (2002) Statistics of Foreign Direct Investment in ASEAN: Comprehensive Data Set, Jakarta.
Giroud, A. (2003) Transnational Corporations, Technology and Economic Development: Backward Linkages and Knowledge Transfer in South East Asia (Cheltenham: Edward Elgar).
Klein, M., Aaron, C. and Hadjimichael, B. (2001) ‘Foreign Direct Investment and Poverty Reduction’, World Bank Working Paper, no. 2,613.
Mirza, H. and Giroud, A. (2004) ‘Regional Integration and Benefits from Foreign Direct Investment in ASEAN: The Case of Vietnam’, Asian Development Review, 21(1): 66–98.
Mirza, H., Giroud, A., Jalilian, H., Weiss, J., Freeman, N. and Than, M. (2003) Regionalisation, Foreign Direct Investment and Poverty Reduction: The Case of ASEAN (London: Department for International Development).
UNCTAD (1996) Transnational Corporations and World Development (London and Boston: International Thomson Business Press).
UNCTAD (1999) World Investment Report 1999: FDI and the Challenge of Development (New York and Geneva: United Nations).
UNCTAD (2001) World Investment Report 2001: Promoting Linkages (New York and Geneva: United Nations).
UNCTAD (2002) World Investment Report 2002: Transnational Corporations and Export Competitiveness (New York: United Nations).
Editor information
Copyright information
© 2006 Hafiz Mirza and Axèle Giroud
About this chapter
Cite this chapter
Mirza, H., Giroud, A. (2006). The Impact of Foreign Direct Investment on the Economic Development of ASEAN Economies. In: Söderman, S. (eds) Emerging Multiplicity. Palgrave Macmillan Asian Business Series. Palgrave Macmillan, London. https://doi.org/10.1057/9780230625013_9
Download citation
DOI: https://doi.org/10.1057/9780230625013_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-54324-3
Online ISBN: 978-0-230-62501-3
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)