The Surge of Asian NIC Investment into Indonesia 1
The Surge of Asian NIC Investment into Indonesia 1
复制标题
亚洲新兴工业化国家对印度尼西亚的投资激增1
DOI:
10.1080/00074919112331336078
复制
发表时间:
1991
影响因子:
4.1
通讯作者:
T. K. Wie
中科院分区:
文献类型:
--
作者:
T. K. Wie
Since 1987 a dramatic increase in both domestic and foreign investment in Indonesia, most of it in export-oriented activities, has occurred in response to improvements in a previously unattractive investment climate and in the country's trade regime. Most striking has been the rise in investment by Asia's four ‘newly-industrialising countries’ (NICs): Korea, Taiwan, Hong Kong and Singapore. This paper analyses the factors contributing to this increase and the investment patterns of the four countries. It then focuses on investment in the manufacturing sector, where most of the NIC investments have taken place. The relative importance of each country as a source of investment in individual sectors and industries is examined. The paper concludes that this recent investment surge may yield net social benefits for Indonesia, provided the country continues to adhere to sound macroeconomic and export-promoting policies. 1 The author gratefully acknowledges the valuable comments of H.W. Arndt, Masaaki Horiguchi,...