Title: The impact of economic integration on FDI: applied study on ASEAN
Author: Amany Fakher
Address: Associate Professor of Economic and International Trade, Faculty of Commerce and Business Administration, Helwan University, Cairo, Egypt
Abstract: This paper investigates the effect of Regional Integration Agreements (RIA) within (ASEAN), a prime example of new regionalism, on FDI during the period 1995-2008. The inflow investments of ASEAN were concentrated in Singapore (46%). Therefore, the econometric model is applied to the case of Singapore, which is consistent with the theoretical literature that suggests there is a significance positive relationship between FDI and regional integration in ASEAN. Accordingly, we cannot ignore the traditional and non-traditional economic determinants of FDI, but regional integration may play a key role to support these determinants as an umbrella to them.
Keywords: economic integration; regional integration agreements; foreign direct investment; FDI; ASEAN; new regionalism; Singapore; econometric models.
Int. J. of Trade and Global Markets, 2012 Vol.5, No.3/4, pp.214 - 234
Available online: 21 Oct 2012