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Book Cover
Author Mercereau, Benoît, author

Title FDI flows to Asia : did the dragon crowd out the tigers? / Benoît Mercereau
Published Washington, D.C. : International Monetary Fund, [2005]
Online access available from:
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Description 1 online resource (29 pages) : illustrations (chiefly color)
Series IMF working paper ; WP/05/189
IMF working paper ; WP/05/189
Summary China's dramatic success in attracting foreign direct investment (FDI) has raised concerns that it has success diverted FDI from other countries in Asia. We develop a new methodology to estimate crowding out, and we use it to investigate the impact of China's emergence on FDI flows to Asia using data from 14 Asian economies from 1984 to 2002. The results suggest that China did not have much impact on FDI to other countries. In particular, lowincome economies, which compete with China for low-wage investment, and countries with low levels of education or scientific development do not seem to have been especially affected
Bibliography Includes bibliographical references
Notes Print version record
Subject Capital movements -- Asia.
Imports -- Asia.
Investments, Chinese -- Asia.
Asia -- Economic policy.
Asia -- Foreign economic relations -- China.
China -- Economic policy.
China -- Foreign economic relations -- Asia.
Form Electronic book
Author International Monetary Fund, issuing body
ISBN 1283513137