Foreign direct investment in East Asian newly industrializing economies

Abstract

This paper examines political economy of MNCs in NIEs in East Asia. It focuses on the relationship between MNCs and the states in these countries. This study argues that MNCs played important role in the industrialization of some of these countries. But there are countries such as South Korea which did not depend on FDI. Therefore it would be wrong to generalize the argument.foreign direct investment, Newly Industrializing Economies, East Asian Countries