GOING GLOBAL: THE ECONOMIC AND GEOPOLITICAL EFFECT OF CHINAS INCREASING OUTWARD FOREIGN DIRECT INVESTMENT
Loading...
Authors
Kiefer, Patrick. L.
Subjects
China
OFDI
Outward Foreign Direct Investment
Chinese Economy
Security
Asia
Asia-Pacific
Geopolitics.
OFDI
Outward Foreign Direct Investment
Chinese Economy
Security
Asia
Asia-Pacific
Geopolitics.
Advisors
Miller, Alice
Looney, Robert
Date of Issue
2013-03
Date
Mar-13
Publisher
Monterey, California. Naval Postgraduate School
Language
Abstract
Since at least 2002, Beijing has emphasized a policy of going global for state-owned enterprises, as well as, privately-owned domestic enterprises, that has led to over $68 billion of outward foreign direct investment from China. Outward foreign direct investment has been speculated as one possible medium for Beijing to exert soft power or engage in economic diplomacy, yet there is scant analysis on how OFDI has affected the Asia-Pacific regional geopolitical environment. This thesis attempts to bridge this gap in understanding by analyzing the economic effect of Chinese OFDI actions and presenting the historic and current scope of Chinese OFDI, interpreting Chinese OFDI through the lens of economic theory and realist theory, and tracking the changes in the geopolitical environment in the Asia-Pacific region since 2002 on a country-by-country basis. Overall, Chinese OFDI appears to be mostly in line with economic theory and has provided modest benefits to the Chinese economy, but there have been inconsistent and unpredictable shifts in the geopolitical environment in the Asia-Pacific region during Chinas Go Global campaign.
Type
Thesis
Description
Series/Report No
Department
National Security Affairs
Organization
Identifiers
NPS Report Number
Sponsors
Funder
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.