Book launch

Tuesday 10 June 2008
6:00pm – 8:00pm

Foreign Direct Investment in Japan - Multinationals' Role in Growth and Globalization

Daiwa Foundation Japan House

Organised by the Daiwa Anglo-Japanese Foundation

By Ralph Paprzycki and Kyoji Fukao

Published by Cambridge University Press

Presentation from 6.00pm by Dr Ralph Paprzycki, chaired by Mr Hitoshi Masuda, followed by a drinks reception.

‘Foreign Direct Investment in Japan’ presents a detailed examination of recent trends of inward foreign direct investment (FDI) and their impact on the Japanese economy. Historically much less open to foreign trade and investment than other major economies, Japan experienced an unprecedented jump in FDI inflows around the turn of the millennium. This book looks at the profound changes in Japan that made this jump possible and considers the potential contribution of foreign firms to productivity and overall economic growth. Detailed case studies illustrate that in certain sectors the presence of foreign firms already is a key factor shaping industry dynamics. The book suggests that the government could do much more to attract inward FDI to allow Japan to benefit more fully from globalization.

Co-author Kyoji Fukao is Professor at the Institute of Economic Research, Hitotsubashi University, Tokyo, and Director of the Center for Economic Institutions at the Institute.

‘Foreign Direct Investment in Japan: Multinationals’ Role in Growth and Globalization’ (published by Cambridge University Press) will be available on the day at the special price of £36 (normally £45).

About the contributors

Dr Ralph Paprzycki

Dr Ralph Paprzycki is an independent scholar based in the UK. He has extensive experience of Japan, having been a Research Fellow at the Institute of Economic Research, Hitotsubashi University, in Tokyo from 2003 to 2006. He has also taught at Sophia University. He obtained his doctorate in economics from SOAS, University of London, and his publications include ‘Interfirm Networks in the Japanese Electronics Industry’ (Sheffield Centre for Japanese Studies/Routledge Series, 2005).

Hitoshi Masuda

Hitoshi Masuda (chair) is Deputy Director-General, JETRO London. He currently oversees investment to Japan, science and technology alliances, and regional industry tie-ups. His experience of Japanese government trade and economic policy includes involvement in drafting the Japanese Economic White Paper, trade policy for the Middle East and Africa, and renewal of small and medium size enterprises. He studied in the UK as a Sankei/British Council Scholar at Heriot-Watt University (1984-85).

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