Foreign Direct Investment in Japan
Multinationals' Role in Growth and Globalization

This book presents a detailed examination of recent trends of inward foreign direct investment (FDI) and their impact on the Japanese economy.

Ralph Paprzycki (Author), Kyoji Fukao (Author)

9780521873680, Cambridge University Press

Hardback, published 10 March 2008

286 pages
23.5 x 15.8 x 2.3 cm, 0.59 kg

'Clearly written and organised … this book offers an excellent view of FDI in Japan.' The Journal of Asian Studies

Foreign Direct Investment in Japan presents a detailed examination of 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.

1. Introduction
2. The extent and history of foreign direct investment in Japan
3. The surge in inward FDI
4. Japan's economic growth and foreign direct investment
5. The performance of foreign firms and the macroeconomic impact of FDI
6. The impact of foreign direct investment in Japan: case studies of the automobile, finance, and health care industries
7. The prospects for foreign direct investment in Japan
8. Conclusion.

Subject Areas: Economics [KC], Political science & theory [JPA], Asian history [HBJF]