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The phenomenon of globalization and market expansion, accentuated by the propagation of neoliberal ideals, made it possible for the economic agents to transpose state borders with great ease, implying a great challenge to the governance of states, considering that the traditional concept of sovereignty was not sufficient to regulate the relations that took place at the transnational level. The fluency and voltuosity of the commercial activities enabled the extraordinary growth of the activities of the so-called transnational companies, whose economic potential became decisive for the actions of the States, which began to compete with each other, with the formalization of international agreements and with the flexibilization of internal rules, in order to become attractive ground for foreign investment. Thus, through the deductive method, the study will analyze the consequences of deregulation, in order to conclude that the investments made will not always have an impact on the development of States. [ABSTRACT FROM AUTHOR]

We argue that how inward foreign direct investment (FDI) affects domestic investment (DI) depends on the degree of financial deregulation. Utilizing the Chinese experience and its panel data, instrumenting FDI with weather indicators (validity supported by over-identification tests), our limited-information maximum likelihood (LIML) results suggest that both FDI and its interaction with financial deregulation have a significant negative effect on DI. It means FDI significantly crowds out DI in China, and higher degree of financial deregulation reinforces the crowding-out effect. The results are robust even after controlling for other growth factors, and time and province effects. [ABSTRACT FROM AUTHOR]

In this article the author examines the liberalization of the South Korean economy and assesses the impact it had on the political and economic structure of that nation. The main focus of the article is the role played by government intervention in the deregulation of financial practice. Also examined is the interaction between the government, large business organizations and foreign investment in Korea and the role they played in the creation of a market that allowed for the free flow of capital.

In recent years, deregulation and a boom in global merger and acquisition activity has significantly increased inward foreign direct investment in Japan, although the level remains lower than in other developed countries. Using micro data on Japanese manufacturing firms, this article investigates whether foreign-owned firms are more productive than domestically owned firms. The article also addresses the question of whether firms targeted in mergers and acquisitions improve their business efficiency after the transaction has taken place. Results show that foreign-owned firms have 10% higher total factor productivity, a higher R&D intensity and higher growth rates of tangible assets and wages. They also show that, after a merger or acquisition, out-in targeted firms increase their productivity, and sales whereas in-in targeted firms and other independent firms fail to do so. These results offer policy recommendations that Japan should create conditions to further increase inward foreign direct investment and to improve productivity, through mergers and acquisitions by foreign firms. [ABSTRACT FROM AUTHOR]

This is a story of how economic reforms in New Zealand since the mid-1980s changed conditions for investment in the property sector and have periodically distorted Auckland's housing market. The contribution of immigration and funds that migrants have brought with them, and their strong preference for Auckland as a destination, also help to account for the growth of Auckland and activity levels in the housing market. The opening up of the New Zealand economy in the last two decades has exposed Auckland to growth pressures that are now evident in the city's labour and housing markets. [ABSTRACT FROM AUTHOR]

Provides an overview of contemporary trends in telecommunications deregulation in Hong Kong and China. Antecedents of deregulation; Regulatory framework; Restriction on foreign direct investment; Ownership of operator; Perseverance in the government's competitive stance.

Analyzes the impact of telecommunications deregulatory policies on broadband infrastructure investment in Hong Kong and China. Contrasting regulatory frameworks; Reasons for restructuring the telecommunication industry in China; Liberalization policy in Hong Kong; Deregulatory impact; Competition in the telecommunication industry; Regulatory uncertainty and restrictions on foreign direct investment; Growth of the Chinese Internet.