The political economy of foreign investment and industrial development: the Philippines, Malaysia and Thailand in comparative perspective

• Main Authors: Montes, Manuel F, Cruz, Jerik
• Format: text
• Published: Archīum Ateneo 2019
• Subjects: Investment policy; industrial policy; foreign direct investment; Philippines; Malaysia; Thailand; Economics; International Economics
• Online Access: https://archium.ateneo.edu/economics-faculty-pubs/62; https://www.tandfonline.com/doi/full/10.1080/13547860.2019.1577207?casa_token=Pdn5JCYffPAAAAAA%3ACyv6L15K1REB3YkEDwLd3qKmqsK6RSo90IDtQsP5HT8al_Tb0Csc7FnlpgxSq0NRTZ1r4ra0UM9epg
• Institution: Ateneo De Manila University

This article examines the contribution of foreign investment to industrial development by comparing the Philippine experience with two ASEAN neighbors: Malaysia and Thailand. Instead of viewing a failure to attract foreign investment as a binding development constraint, we focus on the appropriatene...