Business, Management and Accounting
8 years ago

Emerging Asian Economies Thrive with Surge in Foreign Investments

Palgrave Macmillan UK eBooks
Trends and Determinants of Foreign Direct Investment in Emerging Economies of Asia
Rekha Mehta, Santosh Bhandari

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Foreign direct investment (FDI) in emerging Asian economies helps boost economic growth by bringing in outside financial resources. FDI involves a foreign entity investing in enterprises in another country, usually with some degree of ownership and influence in management. The definition of FDI has evolved over time, with the IMF refining it in the 1980s. Attracting FDI is crucial for economic development in these countries undergoing rapid liberalization. The process of attracting FDI is essential for these economies to grow and thrive.