Impact of Outward Foreign Direct Investment Promotion Policy: Evidence from Newly Industrialized, Emerging, and Developing Asian Economies

Abstract

Purpose

To analyze the industrial development of South, East, and Southeast Asian nations in terms of investment and trade and how the institutional environment – in particular, the government policy with regard to outward foreign direct investment (OFDI) – has played a role in this respect.

Methodology/approach

The chapter puts OFDI policy and industrial upgrading in newly industrialized, emerging, and developing Asian economies (NIEDAEs) in historical perspective to attempt to draw inference from their past behavior.

Findings

The chapter provides information about each NIEDAE’s experience with OFDI policy through a comparative analysis of OFDI promotional policy.

Practical implications

A useful source of information about each NIEDAE’s OFDI policy approach, the chapter attempts to draw recommendations for OFDI policy.

Originality/value

This chapter fulfills an information need and offers practical help to government policy makers.

Citation

De Beule, F., Van Den Bulcke, D. and Zhang, H. (2014), "Impact of Outward Foreign Direct Investment Promotion Policy: Evidence from Newly Industrialized, Emerging, and Developing Asian Economies", Multinational Enterprises, Markets and Institutional Diversity (Progress in International Business Research, Vol. 9), Emerald Group Publishing Limited, Leeds, pp. 281-302. https://doi.org/10.1108/S1745-886220140000009011