Development Centre Studies
OECD Development Centre
- ISSN :
- 1990-0295 (online)
- ISSN :
- 1563-4302 (print)
- DOI :
- 10.1787/19900295
This series of monographs from the OECD Development Centre covers development issues generally and in some cases issues in specific countries. It includes Angus Maddison’s books containing long-term historical estimates of GDP for various areas of the world.
FDI from Developing Countries
A Vector for Trade and Development
OECD Development Centre
- Publication Date :
- 31 May 2002
- Pages :
- 144
- ISBN :
- 9789264176027 (PDF) ; 9789264198098 (print)
- DOI :
- 10.1787/9789264176027-en
This book illustrates Korea's experience with outward foreign direct investment (FDI) and shows that the ancillary benefits of such investment -- knowledge and management transfer, market acquisition and skills enhancement -- can be substantial for individual firms. Moreover, the resulting increased robustness of these enterprises contributes to the strength and stability of the economy as a whole. While it is true that inward FDI carries similar benefits, outward FDI -- driven by the prerogatives of the domestic company -- is integrated into existing business plans and strategies, and therefore constitutes a more active policy.
No experience is directly transferable, but the Korean case shows that there is a large potential for other emerging economies to gain from FDI flows and that the initial costs from lost internal investment are largely outweighed by the medium-term benefits.
Table of Contents
Preface
Chapter 1. Introduction
Part One. The FDI Dynamic in the Globalisation of Developing Country Firms
Chapter 2. Major Segments of the Value Chain and Their Special Deployment
Chapter 3. The Impact of Restrictive Trade Policy on the Spatial Deployment of the Value Chain
Chapter 4. Changing Production Technology and Global Deployment of the Value Chain
Chapter 5. Investment Modes for the Globalisation of Developing Country Firms
Part Two. The Determinants of FDI by Developing Country Firms: Empirical Analysis
Chapter 6. A Dynamic Framework for Investment Decision-Making by Developing Country Firms
Chapter 7. Data and Analyses
Chapter 8. The Determinants of FDI for the Globalisation of Corporate Activities
Part Three. The Impact of FDI on Exports
Chapter 9. Causality between FDI and Exports
Chapter 10. Analytical Framework
Chapter 11. FDI and Export Effects: Empirical Results
Chapter 12. Conclusions
Bibliography