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Abstract
This article analyzes policy perspectives in Asia and the Pacific aimed at attracting foreign direct investment (FDI) and technology transfers during the late 1990s. It highlights how liberalization, privatization, and trade reforms opened opportunities for foreign capital while underscoring structural weaknesses that limited equitable growth. The study emphasizes the role of legal frameworks, infrastructure, and political stability as critical determinants of FDI flows.
Full Text
The article begins by providing a regional overview of FDI inflows during the mid-1990s. Section One discusses policy liberalization in countries such as China, India, and ASEAN members. Section Two explores the role of intellectual property rights and regulatory environments in encouraging technology transfers. Section Three analyzes constraints such as bureaucratic delays, corruption, and weak infrastructure. Section Four highlights case studies from Malaysia and South Korea where proactive policies led to technological upgrading. The conclusion stresses that sustainable FDI requires balancing economic openness with domestic capacity building.