Economic Research Institute for ASEAN and East Asia
Investment
Investment is a necessity for economic development whether it is foreign direct investment (FDI), private investment, or other kinds of investments. ERIA looks into issues related to investments such as economic impact and their evaluation, market entry barriers, free trade agreements, effective investment, country risk, FDI restrictiveness, international investment agreements, and more. The various studies used a variation of methods such as sectoral analysis and principal component analysis.
Blue Economy Initiatives in South-East Asia: Challenges and Opportunities
30 November 2023
The Blue Economy has emerged as a compelling strategy for safeguarding inland water and ocean resources while fostering economic growth. In ASEAN, the Blue Economy's … Read More
An Overview of the Blue Economy of the Philippines – A Brief Assessment and Recommendations
27 November 2023
T his overview provides a brief assessment of the blue economy of thePhilippines, listing the main challenges and risks facing all stakeholders in the … Read More
Developing a National Blue Economy Framework for Lao PDR
13 September 2023
This policy brief discusses the development of a national blue economy framework for the Lao People’s Democratic Republic (Lao PDR) to capitalise on the country’s … Read More
Investment Facilitation and Promotion in Cambodia: Impact of Provincial-level Characteristics on Multinational Activities
03 August 2023
This paper examines the foreign direct investment policy of Cambodia in terms of investment promotion and facilitation. The study examines the key factors affecting the … Read More
Structural Changes and the Impact of FDI on Singapore’s Manufacturing Activities
09 June 2023
This chapter examines the investment and foreign direct investment (FDI) policy of Singapore’s economy in terms of the structural transformation of the economy from 1998 … Read More
Foreign Direct Investment, Agglomeration, and Production Networks in Indonesian Manufacturing
04 May 2023
This study examines the importance of globalisation – defined by international production networks – in determining foreign direct investment (FDI) flows into Indonesian manufacturing since … Read More
Regional Integration in Indo-Pacific: Connectivity, Cooperation, and New Supply-Chain Linkages
31 March 2023
The evolving economic architecture in the Indo-Pacific rests squarely on the post-war construct of the Asia-Pacific, which is undergoing changes in the established patterns of … Read More
Structural Transformation and the Global Production Value Chain: Potential Impact of the Cambodia–Republic of Korea FTA on Cambodia
27 March 2023
This policy brief examines the structural transformation of the Cambodian economy based on the impact of the CKFTA in terms of trade, output growth, and … Read More
Impacts of FDI Presence and Product Sophistication on the Demand for Skilled and Unskilled Labour: Evidence from SMEs in Viet Nam
02 February 2023
This study employs data from the Viet Nam Enterprise Survey (VES) for 2007 and 2011) to examine the effect of foreign direct investment (FDI) and … Read More
Facilitating Global Trade and Investment and Leveraging Value Added in Downstream Industries
10 January 2023
Despite facing global uncertainties, Indonesia has achieved macroeconomic stability, supported by strong responses in fiscal and monetary policy, as well as robust domestic supply chains. … Read More
Redefining Indonesia’s Digital Economy
10 January 2023
The Indonesian digital economy is the largest and most attractive investment destination amongst the Association of Southeast Asian Nations (ASEAN) Member States (AMS). The sector … Read More
The Global Economic Outlook and the State of Indonesia
10 January 2023
The global economy is facing a perfect storm as a result of the coronavirus disease (COVID-19) pandemic, prolonged geopolitical tensions, soaring inflation, and tightening monetary … Read More
Investment Liberalisation in East and Southeast Asia
21 October 2022
This paper presents the trends and patterns in the inflows and outflows of foreign direct investment (FDI) and reviews FDI liberalisation in East and Southeast … Read More
Impact of the Regional Comprehensive Economic Partnership (RCEP): A Global Computable General Equilibrium (CGE) Simulation
21 October 2022
This study estimates the potential economic effects of the Regional Comprehensive Economic Partnership (RCEP) by using a recursively dynamic computable general equilibrium (CGE) model, which … Read More
Regional Comprehensive Economic Partnership: Economic Backgrounds of ASEAN and Its Dialogue Partners
29 September 2022
We overview the economic backgrounds of the countries participating in the Regional Comprehensive Economic Partnership (RCEP) negotiations and two Association of Southeast Asian Nations (ASEAN) … Read More
The Investment Chapter in the Regional Comprehensive Economic Partnership: Enhanced Rules without Enforcement Mechanism
14 September 2022
This paper examines the legal rules in the investment chapter in the Regional Comprehensive Economic Partnership (RCEP). It starts with an overview and summary of … Read More
The Story of RCEP: History, Negotiations, Structure, and Future Directions
15 August 2022
This paper is about the story of the Regional Comprehensive Economic Partnership (RCEP), including the history, dynamics of negotiations, and structure of this multilateral framework. … Read More
FDI Spillover Effects: Evidence from the Philippines
05 August 2022
Using firm-level data in manufacturing, this chapter examines the impact of foreign direct investment (FDI) spillover effects on domestic firm performance. Through knowledge spillovers, FDI … Read More
Changes in Trade and Investment Policies in Thailand and the Implications for Medium-term Growth
05 August 2022
This paper addresses the noticeable changes in trade and investment policies in Thailand in the new millennium and assesses their impact. These changes began with … Read More
New Normal, New Technologies, New Financing
22 June 2022
While the coronavirus disease (COVID-19) seems to be behind us now, the scarring effects on employment, poverty, and education will last forever. Women, youth, and … Read More
Entry Mode Choice and Performance of Foreign Direct Investment Firms in Emerging Economies: Micro-evidence from Viet Nam
29 March 2022
Does the right entry mode choice help foreign direct investment (FDI) firms to perform efficiently in emerging economies? This study attempts to answer this question … Read More
The Nexus between Inward Foreign Direct Investment and Global Value Chains in Developing Countries: A Case Study of Viet Nam
26 January 2022
In recent decades, Viet Nam, a developing economy, has significantly improved its export structure and, to some extent, its participation in global value chains (GVCs), … Read More
Overview of Foreign Direct Investment, Trade, and Global Value Chains in East Asia
25 January 2022
This paper provides an overview of the patterns and trends of foreign direct investment (FDI) and trade as well as the formation and development of … Read More
Local Content Requirements: Assessment from Investment Law
10 January 2022
Local content requirement (LCR) is one of several economic instruments used by governments for various purposes, including to protect infant domestic industries or to generate … Read More
Spillover Effects of Foreign and Domestic Exporting Firms on Export Decisions of Local Manufacturing Firms: Evidence from Viet Nam
15 December 2021
Our paper investigates the spillover effects generated by foreign and domestic exporting firms on export decisions of local manufacturing firms in Viet Nam – … Read More
The EU–China Comprehensive Agreement on Investment: Lessons Learnt for Indonesia
12 August 2021
The European Union (EU) and China have recently reached an agreement: the EU–China Comprehensive Agreement on Investment (CAI). As one of the most recent investment … Read More
Summary of ERIA Research Projects 2020-2021
01 July 2021
The Summary of ERIA Research Projects 2020-2021 provides an overview of both new and ongoing projects that ERIA researchers are currently working on as of … Read More
Strengthening Emerging Asia's Power Sector
29 April 2021
Growth in electricity demand in South and Southeast Asia is amongst the fastest in the world. Yet questions remain about how countries across this region … Read More
Global Value Chains and Investment: Changing Dynamics in Asia
28 April 2021
The emergence of global value chains (GVCs) during the last 2 decades has implications in many policy areas, starting with trade, investment, and industrial development. … Read More
COVID-19 and Services Trade in ASEAN+6: Implications and Estimates from Structural Gravity
19 April 2021
Given the importance of services for economic activity in general and the salience of reducing service link costs for overcoming the economic and health challenges … Read More
Assessment of Industrial Cluster Policies in Viet Nam: The Role of Special Economic Zones in Attracting Foreign Direct Investment
26 June 2020
Special economic zones (SEZs) are considered as one of important regional industrial policies to attract foreign investment in developing countries such as Viet Nam. The … Read More
Foreign Direct Investment and Labour Market Dynamics in a Developing Country: Evidence from Indonesian Plant-Level Data
10 February 2020
This study examines the impact of inward foreign direct investment on the wages and employment of skilled and unskilled workers in Indonesian manufacturing plants. Entry … Read More
Determinants of Product Sophistication in Viet Nam: Findings from the Firm– Multi-Product Level Microdata Approach
05 February 2020
Through capitalising data from the Viet Nam Enterprise Survey and applying the methods proposed by Hausmann, Hwang, and Rodrik (2007) and Eck and Huber (2016), … Read More
The Economic Consequences of Globalisation in the United States
21 January 2020
The unprecedented rise in global interdependence since World War II, especially since the 1970s, has been very productive. World gross domestic product (GDP) growth increased … Read More
Economic Consequences of Globalisation: Case Study of Thailand
26 December 2019
The paper reviews empirical works examining the effect of globalisation in Thailand, beginning with a discussion of its integration into the economy. Three drivers of … Read More
East Asian Integration: Goods, Services and Investment
03 June 2019
The growth of world trade has been stagnant in recent times; trade liberalisation now has been challenged. The recent rise of anti-globalisation calls for a … Read More
Balancing Investment and Development Assistance in Africa: Growth Prospects from Asia–Africa Connectivity
31 August 2018
Africa’s young demography and developing economy require integration and expansion into the global value chains. Asia can share its growth experience with Africa. Africa can … Read More
FDI, Services Liberalisation, and Logistics Development in Cambodia
23 March 2017
This paper reviews Cambodia's economic development based on flows of foreign direct investment (FDI) and services sector liberalisation. It uses Cambodia's logistics industry as a … Read More
International Investment Agreements and Investor-State Disputes: A Review and Evaluation for Indonesia
31 January 2017
Foreign investors can lodge a complaint against a host country for alleged treaty violations under the Investor-State Dispute Settlement (ISDS) provisions of bilateral investment treaties … Read More
ASEAN as an FDI Attractor:
How Do Multinationals Look at ASEAN?
31 January 2017
This policy brief presents an overview of the ASEAN economy in terms of its economic relationship with multinationals, particularly Japanese companies, that have … Read More
Analysis of Distributed Energy Systems and Implications for Electrification: The Case of ASEAN Member States
05 December 2016
The study of distributed energy systems (DES) in the Association of Southeast Asian Nations (ASEAN) highlights the potential role of DES to enhance electricity access … Read More
Optimal Trade Policy and Production Location
23 September 2016
This paper studies the role of trade policies in a theoretical framework considering the firm's global production operation subject to trade costs. The production location … Read More
Financing Renewable Energy Development in East Asia Summit Countries
A Primer of Effective Policy Instruments
07 April 2016
This research aims to identify and update the most effective policies in the Asian context, especially for member states of the Association of … Read More
Market Concentration and Risk-Prevention Incentives: The Case of the Hard Disk Drive Industry
24 February 2016
This paper studies the impacts of market concentration on risk-prevention incentives by closely observing the changes in the price and quantity in the … Read More
Power Grid Interconnections in East Asia: Investment in Several Key Projects Are Well Justified
28 January 2016
Abstract The recent ERIA report on 'Effective Power Infrastructure Investment through Power Grid Interconnections in East Asia' aims to support existing initiatives--the ASEAN Power Grid … Read More
The Development Potential of the Content Industry in East Asia and the ASEAN Region (Phase 2)
26 January 2016
Executive Summary Main Argument Policymakers and experts from China, Indonesia, Japan, Korea, Malaysia, Philippines, Singapore, and Thailand who comprised the ERIA working group on content … Read More
Investing in Workers and Firms as Learning Centres for Industrial Upgrading
10 December 2015
Investing in workers and firms as learning centres for industrial upgrading is important for economic, social, and cultural development in the context of … Read More
Reforming The Intellectual Property System to Promote Foreign Direct Investment in ASEAN
25 November 2015
The Association of Southeast Asian Nations (ASEAN) adopted the 'ASEAN Intellectual Property Rights Action Plan 2011-2015' in 2011. In said action plan, ASEAN … Read More
ASEAN: Regional Integration and Reforms
29 September 2015
Abstract Over recent decades, the Association of Southeast Asian Nations (ASEAN) has advanced a policy of regional integration, starting with the ASEAN Free Trade Area, … Read More
Policy Effects on Total System Energy Efficiency: Comparisons of Advanced and Developing Economies in the EAS region
28 September 2015
The study attempts to assess the policy effects and investigate the patterns of Total System Energy Efficiency (TSEE) in the economies of some … Read More
Sustainable Development of Natural Gas Market in East Asia Summit Region
23 September 2015
Preface The role of natural gas in energy supply is increasing in the East Asia Summit (EAS) region where energy demands are steadily growing. The … Read More
Thailand Country Study ASEAN Economic Community Blueprint Mid-term Review Project
22 June 2015
The main objectives of this study are to determine progress in the implementation of the key Association of Southeast Asian Nations (ASEAN) Economic … Read More
FDI Restrictiveness Index for ASEAN: Implementation of AEC Blueprint Measures
18 May 2015
Abstract This paper is an extension of the FDI restrictiveness index created for the ASEAN Free Trade Agreement (AFTA) in Thangavelu and Lim (2011). It … Read More
AEC Blueprint Implementation Performance and Challenges: Investment Liberalization
16 April 2015
Investment liberalization is central for ASEAN to attract greater FDI inflows and intra-region direct investment flows. This paper focuses on measuring and examining … Read More
The CLMV Automobile and Auto Parts Industry
26 March 2015
To begin, consider the general economic characteristics of Cambodia, Lao PDR, Myanmar and Viet Nam, collectively known as the CLMV countries. These countries … Read More
Innovation, Technology Transfers, Finance, and Internationalization of SMEs' Trade and Investment Policy Best Practices for ASEAN and East Asia
25 March 2015
Abstract The ASEAN Policy Index study revealed that a lot is to be done to towards adopting best practices in each policy area of small … Read More
Learning from the ASEAN+1 Model and the ACIA
09 March 2015
Abstract The Regional Comprehensive Economic Partnership (RCEP) is a new regional integration initiative intended to achieve a modern, comprehensive, high-quality, and mutually beneficial economic partnership … Read More
Host-site Support, Foreign Ownership, Regional Linkages and Technological Capabilities: Evidence from Automotive Firms in Indonesia
18 February 2015
This study analyses the influence of host-site institutional support, foreign ownership and regional production linkages on firm-level technological capabilities using data from automotive … Read More
Enhanced Measurement of Energy Market Integration in East Asia: An Application of Dynamic Principal Component Analysis
05 November 2014
As a part of the initiatives to enhance cooperation between ASEAN and its dialogue partners, the energy market integration (EMI) in East Asia … Read More
ASEAN-India Gas Cooperation: Redefining India's "Look East" Policy with Myanmar
04 November 2014
As economic power shifts towards Asia---particularly China, India and the Association of Southeast Asian Nations (ASEAN) ---a robust energy cooperation within this region … Read More
