Transnational Corporations

Frequency
3 times a year
ISSN: 
2076-099X (online)
http://dx.doi.org/10.18356/d3e73f33-en
Hide / Show Abstract
This journal takes a fresh look at major legal, sectorial, regional and environmental issues facing corporations operating internationally. Released three times a year, it provides in-depth policy-oriented research findings on significant issues relating to the activities of transnational corporations.
Article
 

The Changing FDI Landscape in ASEAN You do not have access to this content

English
 
Click to Access: 
    http://oecd.metastore.ingenta.com/content/cb23bcf9-en.pdf
  • PDF
  • http://www.keepeek.com/Digital-Asset-Management/oecd/economic-and-social-development/the-changing-fdi-landscape-in-asean_cb23bcf9-en
  • READ
Author(s):
Kee Hwee Wee, Hafiz Mirza
14 Dec 2015
Pages:
18
Bibliographic information
No.:
3,
Volume:
22,
Issue:
1
Pages:
59–76
http://dx.doi.org/10.18356/cb23bcf9-en

Hide / Show Abstract

In 2011, FDI flows to ASEAN rose to a record level of $114 billion and inward FDI stock exceeded $1 trillion for the first time. Growth in FDI flows to the region is likely to have slowed in 2012 against the backdrop of a significant global FDI decline, but the medium-term prospect remains positive. Strong growth in FDI flows has been due to favourable economic conditions, regional integration and an improving policy environment. ASEAN is a key player in global supply chains in an increasing range of product categories. ASEAN’s FDI landscape is fast changing with a number of significant developments, most notably regional integration. Zero tariffs on intra-ASEAN trade reduce costs of doing business and facilitate regional production networks. FDI landscape in ASEAN is changing as the sectors and source economies have diversified. The development of the M&A environment is leading to a rapid growth in the number and value of M&A transactions. Enterprise regionalization rose to a new record level, with $26 billion of intra-regional investments. The list of regional players is expanding and covering a wide range of industries. ASEAN TNCs are internationalizing through M&As, which highlight their growing financial capacity. The key drivers and motivations of ASEAN enterprise regionalization and internationalization are the need to maintain and increase their competitiveness.