You are currently browsing the tag archive for the ‘FDI’ tag.

The latest article is now up at Brooks Foreign Policy Review, here.

The Association of Southeast Asian Nations (ASEAN), founded 42 years ago, was created to provide a framework to advance regional stability in Southeast Asia at a time when the withdrawal of colonial powers had created a vacuum. This placed the newly independent states of the region in danger of succumbing to ethnic strife and communist insurgencies. Since the conclusion of the Cold War, ASEAN has embarked on a series of free trade initiatives, linking it to some of the Asian-Pacific regions most dynamic economies.

Read the rest of this entry »

Advertisements

Article is also up at Brooks Foreign Policy Review, here.

In 2001, Former Singaporean Ambassador to the United Nations, Kishore Mahbubani asked a simple question, which was also the title of his book, “Can Asians Think?” Mr. Mahbubani sought to challenge, what he perceived as, Western paternalism. He believes that Asians do not need indefinite guidance by the Western world, because Asians are capable of independent thought, and just because these thoughts may differ from the West does not mean they are the result of defective thinking. A befitting question for the coming decade is, “Can Sub-Saharan Africans think?” For many Westerners it would seem the answer is, “No”, at least as far as Africa’s relationship with China.

In 2005, the Western media began to express “concern” with the increasing Chinese presence in Sub-Sahara Africa (Africa). During this period, many foreign policy observers began to promote the idea that China is plotting to take over Africa in some neo-colonialist attempt to gain unlimited access to natural resources. For example, Karin Kortmann, a German parliamentary state secretary stated in November of 2006, “our African partners really have to watch out that they will not be facing a new process of colonization” (Cheng 2007). The same year, Lord Chancellor of Great Britain, Jack Straw, made similar allegations “Most of what China has been doing in Africa today is what we did in Africa 150 years ago” (Stevenson 2006). This Sinophobic boilerplate is hyperbole, but the narrative suggests that the average African is impotent and their leaders are all iniquitous or ineffectual.

Read the rest of this entry »

Keeping with the Confucianist trend, Vietnam has been declared the 6th most attractive country for FDI (foreign direct investment) by the UN. Seems like Vietnam finally “got its groove back”. From my reading, there still needs to be more work done on privatizing and simplifying the legal structure, still they are making good progress. I would say that Vietnam needs to continue to focus on niche industries in order to be competitive with China due to their lower level of infrastructure and smaller economy of scale, which is the direction they seem to be headed; quite impressive.
———————–

UN report analyzes FDI in Vietnam
Secretary-General Supachai Panichpakdi of the United Nations Conference on Trade and Development (UNCTAD) quoted his agency’s recent survey on Tuesday, saying that Vietnam was the sixth most attractive location for foreign direct investment (FDI) over the 2007-2009 period.

Read the rest of this entry »

Archives