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Title: Climbing the economic ladder : the role of outward foreign direct investment
Authors: Lim, Guanie
Teo, Jie Khan
Keywords: DRNTU::Social sciences::Economic theory
Foreign Direct Investment
Developing Country
Issue Date: 2018
Source: Lim, G., & Teo, J. K. (2018). Climbing the economic ladder : the role of outward foreign direct investment. Journal of Asian Public Policy, 1-18. doi:10.1080/17516234.2018.1449714
Series/Report no.: Journal of Asian Public Policy
Abstract: This paper argues that, under certain conditions, outward foreign direct investment (FDI) can promote economic development in the home economies from which the investment originates. It presents a conceptual framework incorporating simultaneously the complex interrelationships between the three main tenets shaping the developmental outcomes of outward FDI – the home economy conditions that induce firms to invest abroad; the role of the state in linking outward investment to economic development back in the home economy; and the investment returns which stimulate catching-up. The framework helps researchers and policymakers assess particular characteristics of outward FDI and their impacts on the home economies.
ISSN: 1751-6234
DOI: 10.1080/17516234.2018.1449714
Schools: School of Social Sciences 
Rights: © 2018 Informa UK Limited. This is the author created version of a work that has been peer reviewed and accepted for publication by Journal of Asian Public Policy, Informa UK Limited. It incorporates referee’s comments but changes resulting from the publishing process, such as copyediting, structural formatting, may not be reflected in this document. The published version is available at: [].
Fulltext Permission: open
Fulltext Availability: With Fulltext
Appears in Collections:HSS Journal Articles

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