Foreign direct investment and Growth in East Asia : lessons for Indonesia
(2011) In Bulletin of Indonesian Economic Studies 47(1). p.35-63- Abstract
- Foreign direct investment (FDI) has been important in the growth and global integration of developing economies. Both Northeast and Southeast Asia, especially the latter, have been part of this development, with increasing inflows of FDI and greater foreign participation in local economies. However, Indonesia has been an outlier within the region. Inflows of FDI have been lower to Indonesia than to other countries, especially in manufacturing, and they have been lower than could be expected from Indonesia's size, population and other country characteristics. We show that the inflows that have occurred have benefited Indonesia, and use the East Asian experience to identify measures that are likely to increase these flows. A relatively poor... (More)
- Foreign direct investment (FDI) has been important in the growth and global integration of developing economies. Both Northeast and Southeast Asia, especially the latter, have been part of this development, with increasing inflows of FDI and greater foreign participation in local economies. However, Indonesia has been an outlier within the region. Inflows of FDI have been lower to Indonesia than to other countries, especially in manufacturing, and they have been lower than could be expected from Indonesia's size, population and other country characteristics. We show that the inflows that have occurred have benefited Indonesia, and use the East Asian experience to identify measures that are likely to increase these flows. A relatively poor business environment, inefficient government institutions, low levels of education and poor infrastructure all seem to be important explanations for the low inflows of FDI to Indonesia. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/474b1790-dbe5-4e45-b52e-7e8bfcbd1c4e
- author
- Lipsey, Robert E and Sjöholm, Fredrik LU
- publishing date
- 2011
- type
- Contribution to journal
- publication status
- published
- subject
- in
- Bulletin of Indonesian Economic Studies
- volume
- 47
- issue
- 1
- pages
- 29 pages
- publisher
- Taylor & Francis
- external identifiers
-
- scopus:79952687759
- ISSN
- 0007-4918
- DOI
- 10.1080/00074918.2011.556055
- language
- English
- LU publication?
- no
- id
- 474b1790-dbe5-4e45-b52e-7e8bfcbd1c4e
- date added to LUP
- 2017-10-06 15:56:20
- date last changed
- 2022-02-07 08:09:21
@article{474b1790-dbe5-4e45-b52e-7e8bfcbd1c4e,
abstract = {{Foreign direct investment (FDI) has been important in the growth and global integration of developing economies. Both Northeast and Southeast Asia, especially the latter, have been part of this development, with increasing inflows of FDI and greater foreign participation in local economies. However, Indonesia has been an outlier within the region. Inflows of FDI have been lower to Indonesia than to other countries, especially in manufacturing, and they have been lower than could be expected from Indonesia's size, population and other country characteristics. We show that the inflows that have occurred have benefited Indonesia, and use the East Asian experience to identify measures that are likely to increase these flows. A relatively poor business environment, inefficient government institutions, low levels of education and poor infrastructure all seem to be important explanations for the low inflows of FDI to Indonesia.}},
author = {{Lipsey, Robert E and Sjöholm, Fredrik}},
issn = {{0007-4918}},
language = {{eng}},
number = {{1}},
pages = {{35--63}},
publisher = {{Taylor & Francis}},
series = {{Bulletin of Indonesian Economic Studies}},
title = {{Foreign direct investment and Growth in East Asia : lessons for Indonesia}},
url = {{http://dx.doi.org/10.1080/00074918.2011.556055}},
doi = {{10.1080/00074918.2011.556055}},
volume = {{47}},
year = {{2011}},
}