multinationals' role in growth and globalization /
Ralph Paprzycki, Kyoji Fukao.
New York, NY :
Cambridge University Press,
2008.
1 online resource (x, 274 pages) :
illustrations
Includes bibliographical references (pages 255-265) and index.
Introduction -- The extent and history of foreign direct investment in Japan -- The surge in inward foreign direct investment -- Japan's economic growth and foreign direct investment -- The performance of foreign firms and the macroeconomic impact of foreign direct investment -- The impact of foreign direct investment in Japan : case studies of the automobile, finance, and health care industries -- The prospects for foreign direct investment in Japan -- Conclusion.
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Foreign Direct Investment in Japan presents a detailed examination of recent trends of inward foreign direct investment (FDI) and their impact on the Japanese economy. Historically much less open to foreign trade and investment than other major economies, Japan experienced an unprecedented jump in FDI inflows around the turn of the millennium. This book looks at the profound changes in Japan that made this jump possible and considers foreign firms' potential contribution to productivity and overall economic growth. Detailed case studies illustrate that in certain sectors the presence of foreign firms already is a key factor shaping industry dynamics. Yet, despite recent changes, resistance to inward FDI remains strong and the government could do much more if it were committed to attracting FDI. Overall, Japan continues to appear reluctant to embrace fully, and therefore seems unlikely to benefit even more substantially from, globalization.
Foreign direct investment in Japan.
0521873681
International business enterprises-- Japan.
Investments, Foreign-- Japan.
Entreprises multinationales-- Japon.
Investissements étrangers-- Japon.
BUSINESS & ECONOMICS-- Investments & Securities-- General.