Water flows, the river stays - analysing Japanese foreign direct investment

Craig Freedman, Alexander Blair, Demi Chung

Research output: Chapter in Book/Report/Conference proceedingConference proceeding contributionpeer-review


One aspect of globalisation has been the changing pattern of foreign investment in East Asia. The evolving pattern reflects both the objectives of potential investors and the constraints imposed by the host governments. Future trends should be heavily influenced by Japanese decisions since Japan will continue to maintain one of the largest economies in the region. Japanese Direct Foreign Investment appears to have greatly redefined itself over the post-war era. However, our analysis demonstrates that the pattern of Japanese overseas Investment has been a dependable reflection of its domestic economy as constrained by the political imperatives of the day. The fundamental changes now occurring within the Japanese economy will most likely herald a corresponding departure in the nature of its investment policy. The unsettled question is to what degree such strategy will continue to play handmaiden to more provincial concerns or whether this essential influence will to some degree be reversed.
Original languageEnglish
Title of host publicationContemporary issues for heterodox economics
Subtitle of host publicationproceedings : refereed papers of the 7th Australian Society of Heterodox Economists Conference
EditorsLynne Chester, Michael Johnson, Peter Kriesler
Place of PublicationSydney
PublisherSociety of Heterodox Economists, The University of New South Wales
Number of pages24
ISBN (Print)9780733427183
Publication statusPublished - 2008
EventAustralian Society of Heterodox Economists Conference (7th : 2008) - Sydney
Duration: 8 Dec 20089 Dec 2008


ConferenceAustralian Society of Heterodox Economists Conference (7th : 2008)


  • Japan
  • direct foreign investment
  • China


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