Foreign investment as a factor in Asian Pacific integration

The Asian Pacific countries do not only show unparalled growth dynamics, they are also in the process of growing ever closer together. There is already talk of the creation of a new economic bloc. The following article analyses private direct investment in the Asian Pacific area, an element in the economic integration of the region which has been paid little attention until now. This article is based on a study completed in November 1991 for the Federal Ministry of Economic Affairs. The study has now been published in German and is available on request from the authors: Axel Borrmann and Rolf Jungnickel: Auslandsinvestitionen im asiatisch-pazifischen Integrationsprozess, HWWA-Report No. 102, Hamburg 1992.