Bill Burgess <[EMAIL PROTECTED]> wrote:
> country inward FDI stock/GDP outward FDI stock/GDP
> Canada 23.9% 26.9%
> Australia 28.1 17.1
> UK 23.3 35.9
> France 11.7 15.9
> Singapore 85.8 56.1
> Malaysia 67.0 22.7
> Indonesia 73.3 2.4
> Argentina 13.9 5.4
> Brazil 17.1 1.4
Interesting figures. I haven't had time to look at the comparable figures
for other countries. In any case they don't prove a permanent/structural
exclusion from "imperial" activity. For example, what about Hong Kong
(pre-1997, not that it is yet a homogenous part of China)? The last I heard
there was hardly any manufacturing left in Hong Kong because proprietors had
shifted operations to the mainland. South Africa? Saudi Arabia?
> Note the
> obvious difference in rates of outward FDI, plus the fact that most FDI by
> Canada, France, etc. is in other imperialist countries while most FDI by
> Indonesia, Argentina, etc. is in fellow semi-colonies.
Every bourgeoisie has to start somewhere. For example --- and I'm not going
to revisit the complexities and vitriol of the "Kenya Debate" --- but I just
came across this on the web:
Andrea Goldstein and Njuguna S. Ndung'u, OECD Development Centre Technical
Paper No. 171: "New Forms Of Co-Operation And Integration In Emerging Africa
Regional Integration Experience, March 2001.
quote: (p. 16) Table 5. Import Sources (1997)*
(From) Kenya Tanzania Uganda
(To) Kenya - 0** 0**
Tanzania 10.4 - 0
Uganda 25.9 0** -
* These are percentages of total imports for the respective country.
**The percentages are very small.
Source:Report of the permanent Tripartite Commission for East African
Co-operation: 1996-98.
Obviously exports are not investment but the above suggests one reason why
(p. 24) "... there are also restrictions on Kenyan investment in Uganda and
Tanzania..." (24)
> Singapore's inward
> and outward rates are both high, but note that inward FDI is still well
> above outward FDI in this city-state where annual trade is also 160%
> !!! of GDP.
That trend is not unusual for countries with small populations and highly
developed economies. What are the comparative figures for Belgium and
Switzerland?
Regards,
Grant.
