Thorbecke, Willem; Salike, Nimesh - East Asian Bureau of Economic Research (EABER) - 2011
We recount East Asia’s experience with foreign direct investment (FDI). We document that, contrary to the Rybczynski …-intensive industry to decline. We also present narrative evidence that sheds light on how FDI is affected by the host’s countryâ …€™s locational advantages, whether Asian FDI is footloose, and how the PRC has become the center of Factory Asia. Finally, we show …