AFTA and the investment-trade nexus in ASEAN

Article Abstract:

A study on the possible implication of the formation of the ASEAN Free Trade Area (AFTA) through foreign direct investment (FDI) flows to the region was conducted. It was revealed that the growth of FDI in AFTA is likely to result from the market enlargement factor which is achieved through continued commitment to outward oriented policies and the arbitration of effective investment which is considered the most effective given a short time. The AFTA strategy has a promising motivation to achieve international production strategies, thus, leading to better inter-regional specialisation in international production.

Administration of General Economic Programs, Intnl Economic Policy, Foreign Investment Regulations, Analysis, Foreign investments, International trade, International economic relations, Southeast Asia, Trade negotiations, Foreign investment laws, Association of Southeast Asian Nations, Internationalism

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Outward orientation and economic development in Malaysia

Article Abstract:

Malaysia has remained a remarkable, development success story despite the Asian financial crisis. Its development experience from a historical perspective was analyzed with a focus on the nature of its policy choices within the context of the rapid globalization of the world economy. Findings show that a key lesson that Malaysia's experience holds for other emerging nations is that in a small, open economy, a long term commitment to an open and liberal trade and investment policy regime will facilitate the task of achieving growth and equity.

Economic Programs, Administration of Economic Programs, Malaysia, Case studies, Developing countries, Economic development

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