Inbunden, Engelska, 2008

Foreign Direct Investment in Japan

Multinationals' Role in Growth and Globalization

Av Ralph Paprzycki, Kyoji Fukao

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Beskrivning

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

Utgivningsdatum: 2008-03-10
Mått: 158 x 235 x 23 mm
Vikt: 590 g
Format: Inbunden
Språk: Engelska
Antal sidor: 286
Förlag: Cambridge University Press
ISBN: 9780521873680

Utforska kategorier

Nationalekonomi

Mer om författaren

Ralph Paprzycki is a Research Fellow at the Institute of Economic Research, Hitotsubashi University, Tokyo, Japan. He has also taught at Sophia University in Tokyo. Dr Paprzycki's book Interfirm Networks in the Japanese Electronics Industry was published in 2005. He obtained his doctorate in economics from the London School of Oriental and Asian Studies. Kyoji Fukao is Professor and Director of the Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University, Tokyo, Japan. A former Councillor of Hitotsubashi University, he has also served as a Faculty Fellow of the Research Institute of Economy, Trade and Industry in Japan since 2001 and Chief Research Fellow in the Asian Study Division of the Japan Center of Economic Research since 2004. Professor Fukao coauthored Foreign Direct Investment and the Japanese Economy with Tomofumi Amano in 2004 and has published articles in journals such as the Quarterly Journal of Economics, Journal of Political Economy, Journal of the Asia Pacific Economy, and the Journal of the Japanese and International Economies.

Recensioner i media

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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