The Evolving Role of Southeast Asia in Global FDI Flows
This paper traces the evolution of FDI in ASEAN and discusses future prospects for the region as a host - and increasingly home - to FDI.
Southeast Asia has long been a focal point for FDI by OECD-based firms. In the 1990s Southeast Asia was collectively among the world's largest recipients of FDI. Attention shifted away from the region following the regional economic collapse of 1997-1998 and the slow recovery that ensued. Nevertheless, policy reforms implemented at the national level after the Asian crisis have made many ASEAN states much more resilient against shocks. Compared to the trends in the 1980s and 1990s, recent FDI flows are increasingly more diversified in terms of host and source countries. This study also looks at the emerging tendency of Southeast Asian countries to become sources of capital, initially on a regional basis but ultimately to the rest of the world.
Available in:
Regions and themes
ISBN / ISSN
Share
Download the full analysis
This page contains only a summary of our work. If you would like to have access to all the information from our research on the subject, you can download the full version in PDF format.
The Evolving Role of Southeast Asia in Global FDI Flows
Author(s)
Related centers and programs
Discover our other research centers and programs
Center for Asian Studies
Asia is a nerve center for multiple global economic, political and security challenges. The Center for Asian Studies provides documented expertise and a platform for discussion on Asian issues to accompany decision makers and explain and contextualize developments in the region for the sake of a larger public dialogue.
The Center's research is organized along two major axes: relations between Asia's major powers and the rest of the world; and internal economic and social dynamics of Asian countries. The Center's research focuses primarily on China, Japan, India, Taiwan and the Indo-Pacific, but also covers Southeast Asia, the Korean peninsula and the Pacific Islands.
The Centre for Asian Studies maintains close institutional links with counterpart research institutes in Europe and Asia, and its researchers regularly carry out fieldwork in the region.
The Center organizes closed-door roundtables, expert-level seminars and a number of public events, including an Annual Conference, that welcome experts from Asia, Europe and the United States. The work of Center’s researchers, as well as that of their partners, is regularly published in the Center’s electronic journal Asie.Visions.
Find out more
Discover all our analyses
Unlocking India’s Energy Transition: Addressing Grid Flexibility Challenges and Solutions
India is rapidly scaling up its renewable energy (RE) capacity, adding 15–20 GW annually, but the ambitious goal of 500 GW of non-fossil capacity by 2030 is at risk unless the pace accelerates.
The China-Russia Partnership and the Ukraine War: Aligned but not allied
China and Russia maintain a strategic partnership rooted in shared opposition to the U.S. and liberal democracies, but their relationship is shaped more by pragmatism than trust.
Technical Standards, Soft Connectivity and China’s Belt and Road: Towards greater convergence or fragmentation?
As the intensification of geopolitical competition points toward increased global fragmentation, the definition of technical standards for future markets and industries will play an important role in determining just how deep the fissures will run.
India’s Quest for Economic Emancipation from China
In October 2024, the meeting between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi initiated a thaw in relations between the two Asian powers. Has India's high level of economic dependence on China played an important role in bringing about this diplomatic shift?