Hong Kong (China) was probably the first developing economy to undertake significant and sustained foreign direct investment (FDI) in other countries/economies. This should not be a surprise, however, since Hong Kong was the first developing economy to achieve successful industrialization through export-oriented strategies.
|Title of host publication||Multinationals and economic growth in East Asia : foreign direct investment, corporate strategies and national economic development|
|Publisher||Routledge Taylor & Francis Group|
|Number of pages||26|
|Publication status||Published - 1 Jan 2006|