Foreign Direct Investment in Japan

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

• 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.