Japanese Foreign Investments, 1970-98:

Drawing on numerous primary and secondary sources, this highly informative book analyzes all aspects (both domestic and international) of foreign direct investment (FDI) made by Japan's multinational corporations (MNCs) in Asia, the European Union, and the U.S. It covers in a neutral presentation the critical period from 1970 -- the point at which Japan's economy reached a level of global importance -- through the end of 1998. Numerous perspectives are offered to explain the changing characteristics of Japan's FDI practices over the period. The text is well supported by more than 150 figures and 100 data tables compiled from both Japanese government ministries and MNCs.

Dipak R. Basu is a Professor of international economics at Nagasaki University, Japan.

List of Tables

vii

List of Figures

ix

Introduction

3

(3)

Recent Trends in International Capital Flows

6

(32)

Foreign Direct Investments

8

(3)

Characteristics of International Capital Inflows

11

(4)

Current Account in the Balance of Payments and Capital Flows: An Historical Analysis for 1970--1993

15

(5)

Causes of Capital Flows: 1970--1993

20

(4)

The Role of International Mergers and Acquisitions

24

(1)

Capital Flows to Developing Countries

24

(4)

Recent Crisis in Japan and East Asia

28

(10)

Government Attitudes and Environments for Foreign Investments

38

(12)

Global Environment and Japanese Multinationals

43

(3)

Political Economy of the Relationships Between Multinational Companies and Governments

46

(3)

Concluding Comments

49

(1)

Japan's Overseas Investments: An Historical Analysis

50

(28)

Degree of Linkage

53

(1)

Portfolio Investments in the United States and Europe

54

(3)

Investments in Asia

57

(5)

Japan in Europe

62

(2)

Japan in North America

64

(2)

Japan in the Middle East and Africa

66

(1)

Japan in Latin America

66

(1)

Networking and Intraregional Trade

67

(2)

Foreign Investments by Some Japanese Automobile Firms

69

(9)

Japan and Asian Economies

78

(27)

Changing Trade Structure with the Asian Countries

82

(2)

Performances of Japanese Subsidiaries in Asia

84

(13)

SONY in Asia

97

(1)

NTT in Asia

98

(1)

The Role of Yen as the ``International Currency'' in Asia

99

(3)

The Role of Japan in Regional Developments

102

(3)

Impacts of Overseas Business Activities on Trade and Domestic Production in Japan

105

(26)

Impacts on Trade

106

(2)

Impacts on Trade Balance of Overseas Business Activities

108

(1)

Impacts on Domestic Production and Employment

108

(1)

Japanese Investments and Electronic Industries in Southeast Asia

108

(13)

Japanese Multinationals and Japan-ASEAN Trade

121

(4)

Conclusion

125

(3)

Appendix: Method of Estimation

128

(3)

Asian Economic Crisis and the Role of Japan

131

(31)

Asian Finance and Equity

138

(8)

Trade Restrictons on Financial Services

146

(2)

Analysis of Recent Turmoils

148

(1)

Japan and the Asian Economic Crisis

149

(13)

Strategic Management of Japanese Multinationals

162

(20)

Lean Production System

162

(6)

Changes in the Japanese System

168

(1)

Strategic Management of Japanese Multinational Companies Overseas

169

(12)

Conclusion

181

(1)

Conclusion

182

(1)

Bibliography

183

(4)

Index

187

(17)

About the Authors

204

What is included with this book?

The New copy of this book will include any supplemental materials advertised. Please check the title of the book to determine if it should include any access cards, study guides, lab manuals, CDs, etc.

The Used, Rental and eBook copies of this book are not guaranteed to include any supplemental materials. Typically, only the book itself is included. This is true even if the title states it includes any access cards, study guides, lab manuals, CDs, etc.

FREE SHIPPING

Amazon no longer offers textbook rentals. We do!

Japanese Foreign Investments, 1970-98: Perspectives and Analyses: Perspectives and Analyses

Summary

Author Biography

Table of Contents

Supplemental Materials