Export-oriented Foreign Investment Research Articles

The politics of extractive industry corporate practices: An anatomy of a company-community conflict in Bangladesh

This article analyses a case of mining company-host community conflict in Bangladesh. It focuses on the corporate strategies of a British mining company. The company and its allies framed it as a landmark foreign investment project and a vital project for Bangladesh’s energy security. Such a narrative fits a neoliberal policy agenda, i.e. privatizing resource extraction and creating a favorable environment for export-oriented foreign investment projects. A coalition of local, national, and transnational activist groups challenged this dominant policy agenda and the coal mine project was contested for more than a decade (2005–2015). Eventually, the project was shelved. Many existing studies on mining conflicts emphasize various exogenous factors, but this article draws attention to corporate practices. I argue the underlying factors in the death of the Phulbari coal project were rooted within the organizational culture of extractive industries, namely, the use of: 1) corporate science to misrepresent risks; 2) corporate communication strategies to take advantage of a crisis; 3) rhetoric to disregard the reality and glorify myths invented by the extractive industry. These factors resulted in the failure of the mining company to earn either a social or a legal license to operate in Bangladesh.

Crawling up the value chain: domestic institutions and non-traditional foreign direct investment in Brazil, 1990-2010

Brazil attracted relatively little innovation-intensive and export-oriented foreign investment during the liberalization period of 1990 to 2010, especially compared with competitors such as China and India. Adopting an institutionalist perspective, I argue that multinational firm investment profiles can be partly explained by the characteristics of investment promotion policies and bureaucracies charged with their implementation. Brazil's FDI policies were passive and non-discriminating in the second half of the 1990s, but became more selective under Lula. Investment promotion efforts have often been undercut by weakly coordinated and inconsistent institutions. The paper highlights the need for active, discriminating investment promotion policies if benefits from non-traditional FDI are to be realized.

U.S. Multinationals and Preferential Market Access

This paper examines the relationship between oshoring activity by U.S. multinational rms and the structure of U.S trade preferences. We combine rm level panel data on U.S. foreign aliate activity from the U.S. Bureau of Economic Analysis (BEA) with detailed measures of U.S. trade preferences from the U.S. International Trade Commission (USITC) to create a three-way panel that spans 80 industries, 184 countries, and ten years (1997-2006). Consistent with existing theory, we nd that o- shoring and preferential market access are positively and consistently correlated, both in the pooled sample and within countries, industries, and years. Using both instru- mental variables and simultaneous equations approaches to address the endogeneity of export-oriented foreign investment, we nd that a 10% increase in U.S. foreign aliate exports to the U.S. from a particular industry and country is associated with a 4 per- centage point increase in the rate of preferential duty-free access. Restricting attention to the Generalized System of Preferences (GSP) among potentially eligible develop- ing countries, we nd that the inuence of multinational aliate sales on preferential market access more than triples.

U.S. Multinationals and Preferential Market Access

This paper examines the relationship between offshoring activity by U.S. multinational firms and the structure of U.S trade preferences. We combine firm level panel data on U.S. foreign affiliate activity from the U.S. Bureau of Economic Analysis (BEA) with detailed measures of U.S. trade preferences from the U.S. International Trade Commission (USITC) to create a three-way panel that spans 80 industries, 184 countries, and ten years (1997-2006). Consistent with existing theory, we find that offshoring multinational activity and preferential market access are positively and consistently correlated, both in the pooled sample and within countries, industries, and years. Using both instrumental variables and simultaneous equations approaches to address the likely endogeneity of export-oriented foreign investment, we find that each $1 billion in U.S. foreign affiliate exports to the U.S. from a particular industry and country is associated with roughly a 3.5 percentage point increase in the rate of preferential duty free access. Restricting attention to the Generalized System of Preferences (GSP), the dollar-for-dollar influence of multinational affiliate sales on preferential market access declines by roughly a third for the overall sample, but rises by more than an order of magnitude when we resF130, F150, F210, F230trict attention to potentially GSP eligible countries.

INDONESIA'S RECOVERY: EXPORTS AND REGAINING COMPETITIVENESS

The Developing EconomiesVolume 38, Issue 4 p. 454-489 INDONESIA'S RECOVERY: EXPORTS AND REGAINING COMPETITIVENESS Haryo ASWICAHYONO, Haryo ASWICAHYONOSearch for more papers by this authorMari PANGESTU, Mari PANGESTUSearch for more papers by this author Haryo ASWICAHYONO, Haryo ASWICAHYONOSearch for more papers by this authorMari PANGESTU, Mari PANGESTUSearch for more papers by this author First published: 06 March 2007 https://doi.org/10.1111/j.1746-1049.2000.tb00887.xCitations: 8AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Citing Literature Volume38, Issue4December 2000Pages 454-489 RelatedInformation

Export-Oriented Foreign Investment in New Exporting Countries: Patterns and Determinants with Evidence from Sri Lanka

Export-Oriented Foreign Investment in New Exporting Countries: Patterns and Determinants with Evidence from Sri Lanka