Foreign Direct Investment in Southeast Asia: Is Malaysia Falling Behind?

摘要: This paper examines patterns and determinants of foreign direct investment (FDI) in Malaysia from a comparative Southeast Asian perspective. There is clear evidence that Malaysia's relative attractiveness for FDI within the region has eroded recent years; outflow consistently surpassed inflow FDI, pattern not seen other major countries. The explanation seems to lie with dualistic policy regime narrow domestic human capital base. We find no (or countries) crowded out by an increasing flow into China. On contrary, well placed benefit complementary relationship China as favoured location high-end tasks global production networks.