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FROM THE IRON TRIANGLE TO THE CROSS-BORDER TRIANGULAR MERGER : JAPAN'S CHANGING INWARD FDI PROSPECTS

Chabot, Erik (2006)
Centre for East and South-East Asian Studies, Lund University
Abstract
The weakness of Japan's economy during the "lost decade" of the 1990's prompted critical revaluation of many regulatory policies that became entrenched during the country's rapid expansion in the postwar era. At the time of the bursting of Japan's bubble economy, regulation and the behavior of the private sector had combined to cause low levels of imports and inward investment relative to those into other wealthy nations. This paper focuses on outlining the causes of Japan's low inward foreign direct investment (FDI) level and the reforms of policy and behavior that have, at least on paper, lowered barriers to it. Having provided this background, the paper progresses to description of relevant private and public sector actors' current... (More)
The weakness of Japan's economy during the "lost decade" of the 1990's prompted critical revaluation of many regulatory policies that became entrenched during the country's rapid expansion in the postwar era. At the time of the bursting of Japan's bubble economy, regulation and the behavior of the private sector had combined to cause low levels of imports and inward investment relative to those into other wealthy nations. This paper focuses on outlining the causes of Japan's low inward foreign direct investment (FDI) level and the reforms of policy and behavior that have, at least on paper, lowered barriers to it. Having provided this background, the paper progresses to description of relevant private and public sector actors' current impressions of the inward FDI market informed by interviews with Japanese and American agencies conducted for this project from July to August, 2005. The paper concludes that the myriad policy and corporate behavioral changes suggesting that inward FDI may soon increase have fostered a feeling of expectation among both Japanese and American officials that belies the lack of empirical signals that a notable such rise is occurring. (Less)
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author
Chabot, Erik
supervisor
organization
year
type
H1 - Master's Degree (One Year)
subject
keywords
Japan, inward FDI, FDI, Foreign Direct Investment, policy reforms, Social sciences, Samhällsvetenskaper
language
English
id
1326290
date added to LUP
2006-03-13
date last changed
2006-03-13
@misc{1326290,
  abstract     = {The weakness of Japan's economy during the "lost decade" of the 1990's prompted critical revaluation of many regulatory policies that became entrenched during the country's rapid expansion in the postwar era. At the time of the bursting of Japan's bubble economy, regulation and the behavior of the private sector had combined to cause low levels of imports and inward investment relative to those into other wealthy nations. This paper focuses on outlining the causes of Japan's low inward foreign direct investment (FDI) level and the reforms of policy and behavior that have, at least on paper, lowered barriers to it. Having provided this background, the paper progresses to description of relevant private and public sector actors' current impressions of the inward FDI market informed by interviews with Japanese and American agencies conducted for this project from July to August, 2005. The paper concludes that the myriad policy and corporate behavioral changes suggesting that inward FDI may soon increase have fostered a feeling of expectation among both Japanese and American officials that belies the lack of empirical signals that a notable such rise is occurring.},
  author       = {Chabot, Erik},
  keyword      = {Japan,inward FDI,FDI,Foreign Direct Investment,policy reforms,Social sciences,Samhällsvetenskaper},
  language     = {eng},
  note         = {Student Paper},
  title        = {FROM THE IRON TRIANGLE TO THE CROSS-BORDER TRIANGULAR MERGER : JAPAN'S CHANGING INWARD FDI PROSPECTS},
  year         = {2006},
}